A Brief Diversion: IFRS, Convergence, and the SEC's Announcement
I'm interrupting my "Single Sandbox" series of posts to direct your attention to an opinion piece I wrote on the SEC's February 24, 2010 announcement regarding IFRS and convergence. You'll find it at http://www.accountingweb.com/topic/cfo/opinion-sec-ifrs-support-not-all-its-cracked-be .
Within the context of this blog, I'd say the SEC has developed the right plan to answer the wrong question.
Thanks for reading - stay tuned as my series resumes shortly.