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Normandin And Penick Author Legal Update On SEC Proposed Change From U.S. GAAP To International Standards
September 11, 2008Press Release and Legal Update
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 and corporate associate Megan Penick have prepared a Legal Update detailing the proposal. To read the Legal Update, please click here.
