The Securities and Exchange Commission plans to host two roundtable discussions this month on International Financial Reporting Standards.
The first roundtable, scheduled for Dec. 13, 2007, will consist of two panels, which will look at the effect of allowing foreign companies the choice of whether to use IFRS or U.S. generally accepted accounting principles, and denying that same choice to U.S. issuers. The second roundtable, on Dec. 17, 2007, will focus on the practical issues surrounding the possible future use of IFRS by U.S. companies.
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