Mr Boyle goes to Washington to take a close look at the performance of IFRS and US GAAP during tough economic conditions
A round table which will put the performance of IFRS and US GAAP under the microscope is set to kick off within the next few hours.
The Securities and Exchange Commission has convened the summit meeting to determine whether the recent capital markets upheaval exposed any flaws in the accounting rules.
The round table has been organised into two panels. Paul Boyle, the chief executive of the Financial Reporting Council, will sit on the financial services industry sector panel, which includes an Ernst & Young representative.
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