• SEC Publishes Proposed Roadmap Regarding Potential Use of IFRS Financial Statements by U.S. Issuers
  • December 21, 2008
  • Law Firm: Alston & Bird LLP - Atlanta Office
  • On Friday, November 21, 2008, the Securities and Exchange Commission (the "Commission") published in the Federal Register for public comment a Roadmap (the "Roadmap") that could lead to the phasing out of United States Generally Accepted Accounting Principles (U.S. GAAP) in favor of International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB).