New York (Dec. 15, 2003) -- American Institute of CPAs president Barry Melancon solidified the institute’s support for its U.K. counterpart and its recent entry into the international debate over the need for a new corporate reporting model.
In response to an article in The Financial Times U.K. that detailed a plan by The Institute of Chartered Accountants in England and Wales to stimulate a global debate on whether the existing business reporting method is flawed and should be replaced, Melancon wrote, “We in the U.S. have also recognized the need and are moving ahead on this issue.”
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