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The Committee on Corporate Reporting ("CCR") of Financial Executives International ("FEI") appreciates the opportunity to provide its views on the FASB Discussion Paper, Effective Dates and Transition Methods.
CCR supports the FASB’s mission to improve the quality and comparability of financial accounting and reporting standards through the Board’s convergence efforts. We support both the objective of achieving a single set of global financial reporting standards and the convergence projects aimed at narrowing the gap between US GAAP and IFRS.
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