Regarding the SEC announcement on the IFRS roadmap on Feb 24, 2010, Deloitte recently released its comments in its Heads Up document:
"SEC Publishes Work Plan for Moving Forward With IFRSs for U.S. Issuers".
This Heads Up provides:
- A brief background of the SEC's 2008 proposed roadmap for IFRS adoption and the comment letters received on the proposal.
- A description of the components of the SEC's Work Plan for considering the incorporation of IFRS in the U.S. financial reporting system.
- A discussion of expected next steps once the SEC has completed its Work Plan.
- An Appendix with a tabular summary of the Work Plan.
Webcast Announcement
In addition, Deloitte is hosting a 90-minute webcast about the SEC's statement on March 9, 2010 at 2pm EST. To register fot his event, click here:
SEC's Plans for Moving Forward with IFRS.