Joint IASB/FASB Progress Report on Convergence Issued

April 24, 2012 /

The November 2011 G20 Declaration called on the IASB and the FASB to provide a progress report on their convergence activities, for consideration at the April 2012 meeting of G20 Finance Ministers and Central Bank Governors.

The Declaration also called for the completion of the governance and strategy reviews.

A joint IASB/FASB progress report describing these activities has now been issued via the Financial Stability Board.

 

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