On November 5, the International Accounting Standards Board (IASB) and the U.S. Financial Accounting Standards Board (FASB) released a statement reaffirming their commitment to improving IFRS and U.S. GAAP and to bring about their convergence. The joint statement also described the boards' plans and milestone targets for individual projects.
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IASB and FASB reaffirm commitment to improve IFRS
- Stikeman Elliott LLP
- Global, USA
- November 10 2009
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