SEC chairman says U.S. won't be rushed into IASB rules

Mary Schapiro, chairman of the Securities and Exchange Commission, said the U.S. won't be rushed or forced into adopting international accounting standards. "I don't feel any pressure at all to go along with anybody," Schapiro said. "I feel pressure to do the right thing for U.S. markets and U.S. investors." More than 100 nations use the International Accounting Standards Board's accounting rules. Read More>>

Posted by Don Meyer on 02/27/2012 at 11:16 AM in Accounting & Auditing, IFRS, SEC | Permalink

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02/27/2012