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November 30, 2022

Paul Bahnson

IFRS Will Never Be Adopted in the U.S. If These Two Pointy-Headed Pauls Have Anything to Say About It

I know. What the hell? Isn't IFRS a predetermined given like Avengers 2 and Kardashian divorces? IFRS is tested on the CPA exam. The SEC already accepts IFRS in certain circumstances. For years we've heard about the Norwalk Agreement, the SEC roadmap, and FASB convergence or adoption or endorsement (or as it's more commonly known […]