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FEI Comments On SEC's Proposed IFRS Roadmap
April 20, 2009
FEI Summary
On April 20, 2009 Financial Executives International's Committee on Corporate Reporting (CCR) and Committee on Taxation (COT) filed a comment letter with the U.S. Securities and Exchange Commission on the SEC's proposed Roadmap for the Potential Use of Financial Statements Prepared in Accordance With International Financial Reporting Standards by U.S. Issuers (the 'IFRS Roadmap'). Read the FEI CCR COT comment letter.
Additionally, the Corporate Roundtable on International Financial Reporting (CRIFR), of which FEI is a member, also filed a comment letter in response to the SEC’s IFRS Roadmap. See CRIFR letter on IFRS Roadmap. The CRIFR letter does not state an overall position of its member companies relative to the IFRS Roadmap, but rather shares with the SEC the varied perspectives that currently exist regarding the potential use of International Financial Reporting Standards by U.S. registrants.
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