Employment Law Alert: New York Wage Theft Prevention Act -- Annual Notice Requirement Rescinded
Environmental Alert: Governor Cuomo Vetoes Bill That Would Have Extended Eligibility for the New York State Brownfield Cleanup Program and Tax Credits
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The Securities and Exchange Commission published a proposed roadmap for the use of International Financial Reporting Standards. Under the roadmap, IFRS would, over time, replace U.S. generally accepted accounting principles for all SEC filings of U.S. issuers. The SEC currently permits foreign private issuers to present their financial statements in accordance with IFRS, as promulgated by the International Accounting Standards Board without reconciliation to U.S. GAAP.