Monday, January 14, 2008

In this remarkable speech given on January 10th, Chairman Cox of the SEC made three points very clearly - "IFRS is coming, XBRL is coming and Mutual Recognition is coming." It heralds a new era in Financial and Business Reporting. SEC Speech: "International Business - An SEC Perspective" Address to the American Institute of Certified Public Accountants' International Issues Conference; Washington, D.C.; January 10, 2008 (Christopher Cox)

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