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To Switch or Not to Switch: SEC Postpones Ruling on IFRS Adoption

For more than two years, the SEC has been weighing the pros and cons of adopting IFRS, the global principles-based accounting standards used by most other countries. The US is essentially the only major market not using IFRS, so isn’t

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Posted in Advisors, Asset Managers, Compliance, Global, Hedge Funds

Can the IASB “Man Up” to Manage Global Accounting Standards?

Institutional investors recently told the SEC that they like the idea of adopting IFRS—the unified, global system of accounting standards—but have doubts about London’s IASB in the role of arbiter, a role that US-based FASB has played for some time.

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Posted in Compliance

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