Why Is the CPA Exam Testing IFRS If Even the AICPA Says We Won’t Use It For at Least Five Years?
Speaking at the AICPA EDGE Conference in Orlando last week, the AICPA's Greg Anton said while the AICPA supports giving US companies the option to use IFRS to prepare their financial statements and would like to see one set of accounting standards, the "absolute soonest" IFRS will be seen in the US will be five […]