Watchdogs to set up new monitoring group to look at accounting standards
Financial regulators from around the world are setting up a monitoring group that will work with international accounting standards-setters.
Representatives of watchdogs across the globe will meet today with the goal of creating an International Accounting Standards Committee Foundation, IASCF, monitoring group, writes WebCPA.
‘We are pleased at the progress being made in advancing interaction between securities authorities and the IASCF, said SEC chairman Christopher Cox.
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