Frazier Deeter CPAs and Advisors

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Atlanta, GA 30309

main 404.253.7500

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News

Journal of Accountancy looks at IFRS progress

The SEC issued a report on IFRS in July, outlining concerns. In late October the IFRS Foundation responded with an 84 page report. The Journal of Accountancy article looks at the evolving situation, including an assessment from Frazier & Deeter partner Sean Lager regarding the pace of the debate.  

AICPA President and CEO Barry Melancon, during a speech to the AICPA governing Council, warned that the United States could face consequences for not pushing steadily forward on convergence and adopting IFRS.

Michel Prada, chairman of the IFRS Foundation trustees, issued a statement that the United States is well-placed to achieve a successful transition to IFRS.

Read the entire Journal of Accountancy article.

 
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Frazier & Deeter, a Top 100 Largest CPA Firm in the United States, has accountants and business advisors who offer a full range of assurance and advisory services in the areas of audit, tax and management consulting and personal tax planning and compliance. As a leading accounting firm, we serve clients across the nation and internationally that include closely-held companies, SEC companies, and nonprofit entities. Headquartered in Atlanta, Georgia, we have been recognized as the 56th largest accounting firm in the nation, as one of the Top 25 Best Managed CPA firms in the country, and one of the Best Accounting Firms to Work for in the U.S.
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