International best practices for MD&A

✍ Scribed by Cathy J. Cole

• Publisher: John Wiley and Sons
• Year: 2011
• Tongue: English
• Weight: 197 KB
• Volume: 22
• Category: Article
• ISSN: 1044-8136
• DOI: 10.1002/jcaf.20722

✦ Synopsis

Abstract

The US Securities and Exchange Commission (SEC) is considering whether to endorse international financial reporting standards (IFRSs) or support convergence of US generally accepted accounting principles (GAAP) with IFRSs. But it is important for preparers of financial reports to keep this in mind: financial statements are only part of the financial reporting package that investors in many countries have grown to expect. © 2011 Wiley Periodicals, Inc.