Accounting standards delays criticised

Article reports that Michel Barnier, European Commissioner for the Internal Market and Services, has criticised June 2010 the way in which the world’s top accounting rule makers have handled their recent decision to delay the deadline for creating a single global accounting standard.

ESO: Background information: Carried forward http://www.europeansources.info/record/carried-forward/

Website: Financial Accounting Standards Board (FASB) http://www.fasb.org/home

FASB: Press Release, 2.6.10: Joint statement by the IASB and the FASB on their convergence work http://www.fasb.org/cs/ContentServer?c=Document_C&pagename=FASB%2FDocument_C%2FDocumentPage&cid=1176156919319

Website: International Accounting Standards Board (IASB) http://www.iasb.org/Home.htm

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