I’m not going to beat around the bush here. James Schnurr’s first major speech as the SEC’s Chief Accountant amounted to 3,000 words of next-to-nothing. He achieved this prodigious rhetorical feat with a medley of five disparate topics, such that each…
"…[W]e know there are going to be challenging issues to resolve under any [IFRS] incorporation decision. The issues of LIFO and contingencies immediately come to mind. But even with all of this, I would offer up one final thought for…
It came as no surprise that SEC Chief Accountant James Kroeker's first public foray, since Mary Schapiro deigned to remove "Acting" from his title, was to announce that the IFRS Roadmap has once again become a priority at the SEC.…