A new academic study takes issue with claims that U.S. companies would benefit from adopting International Financial Reporting Standards.

The study finds that the high-quality accounting infrastructure already in place for U.S. GAAP would likely see little upside from a transition to IFRS, as envisioned by the SEC’s proposed roadmap, which the new SEC commissioner has not yet approved.

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

Don't have an account? Register for Free Unlimited Access