Thursday, June 19, 2008

IFRS: Will Be In U.S. In Three To Five Years!

AICPA President and CEO Barry Melancon predicts that international accounting standards will be adopted in the U.S. in the next three to five years. Surveyed CPAs say they need that long to prepare. Are you ready?

http://www.aicpa.org/download/news/2008/AICPA_CALLS_FOR_THREE_TO_FIVE_YEAR_TIMELINE_FOR_REASONABLE_TRANSITION_TO_IFRS_6-17-08.pdf

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