Insurance Practice Group Alert: Proposed GSE Reforms Could Subject Private Mortgage Insurers to Federal Approval Requirements
Electronic Discovery Update: Spring 2014
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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.