US fair value accounting model unpopular across globe, says international standards chief Sir David Tweedie
The US fair-value model is not proving popular with the rest of the world, according to the head of the international accounting standard setter.
International Accounting Standards Board (IASB) chairman Sir David Tweedie said his early soundings of the US fair value proposal have not revealed popular support from countries outside the US.
“The US at present is exposing a full fair value.
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