Senior US figure urges banks to create transparency instead of making changes to accounting rules at New York International Federation of Accountants' World Accountancy Forum
Creating transparency in the market would be more effective at restoring public confidence than changing accounting rules, a former US Securities and Exchange Commissioner has argued.
Roel Campos, a former commissioner, made the comment in an address to accountants and senior banking executives at the International Federation of Accountants' World Accountancy Forum in New York yesterday.
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