Financial Accounting Blog

Wednesday, June 16, 2004

Global Accounting Standards. J. Edward Ketz writes an opinion piece about the work of both the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) towards global harmonization of financial accounting rules. Although he admires the work they've done he argues that the benefits of global harmonization will not amount to much until enforcement efforts across the globe match that of the SEC.