Partner Edward Normandin Authors Legal Update on SEC Proposed Change from U.S. GAAP to International StandardsSeptember 11, 2008
The Securities and Exchange Commission (SEC) recently announced a proposal that would require all U.S. public companies to file their SEC financial reports using international financial reporting standards. Currently, all U.S. issuers must file their SEC financial reports using U.S. generally accepted accounting principles.
Corporate partner Edward Normandin has prepared a Legal Update detailing the proposal. To read the Legal Update, please click here.