Chicago (Jan. 29, 2003) -- A coalition of North American valuation organizations has formally announced its plans to help promote convergence of worldwide valuation, accounting, and financial reporting standards within the international accounting community.
The group -- which includes the American Society of Appraisers, the American Society of Farm Managers and Rural Appraisers, the Appraisal Foundation; the Appraisal Institute; the Appraisal Institute of Canada, the Centre for Advanced Property Economics, and the Royal Institution of Chartered Surveyors -- has issued a memorandum of understanding representing its members' formal commitment to work with legislative and regulatory bodies, standards-setting groups and other professions to help expedite the simplification and convergence of financial reporting standards.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access