Unformatted text preview: differences between US and International Standards, a decision to align the two Boards’ future work programmes and a commitment to work together on joint projects. (In the Press Release that announced the Agreement, Robert H. Herz, chairman of the FASB commented “The FASB is committed to working toward the goal of producing high quality reporting standards worldwide to support healthy global capital markets”.)...
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- Spring '11
- Accounting, International Financial Reporting Standards, Financial Accounting Standards Board, international standards, Norwalk Agreement