Securities regulators of the World Unite

June 19, 2008

The world’s securities regulators — notably the SEC — take steps to increase their oversight of international accounting standards.

A press release issued by the Securities and Exchange Commission announced that the SEC, as well as the European Commission, the Japan Financial Services Agency, and the International Organization of Securities Commissions welcomed an upcoming roundtable to be held by the International Accounting Standards Committee Foundation (IASCF), the parent organization of eponymous board which sets international financial reporting standards.

Source: CFO