Concept Rule
Concept Release on Allowing U.S. Issuers To Prepare Financial Statements in Accordance With International Financial Reporting Standards
Overview
The Commission is publishing this Concept Release to obtain information about the extent and nature of the public's interest in allowing U.S. issuers, including investment companies subject to the Investment Company Act of 1940, to prepare financial statements in accordance with International Financial Reporting Standards as published by the International Accounting Standards Board for purposes of complying with the rules and regulations of the Commission. U.S. issuers presently prepare their financial statements in accordance with generally accepted accounting principles as used in the United States, referred to as U.S. GAAP.
Concept Rule (33-8831)
Release Number
33-8831
34-56217
IC-27924
SEC Issue Date
Aug. 7, 2007
Federal Register Publish Date
Aug. 14, 2007
Document Citation
72 FR 45599
RIN
3235-AJ93
Details
Public Comments Due
Nov. 13, 2007
File Number
S7-20-07
Rule Type
Concept
Release Number
33-8831A
34-56217A
IC-27924A
SEC Issue Date
Sept. 13, 2007
Federal Register Publish Date
Sept. 19, 2007
Document Citation
72 FR 53509
RIN
3235-AJ93
Public Comments