Trustees publish IFRS Foundation Staff Analysis of SEC Final Staff Report on IFRS

The Trustees of the IFRS Foundation today published a staff analysis of the United States (US) Securities and Exchange Commission (SEC) Final Staff Report on International Financial Reporting Standards (IFRSs). The SEC Staff Report, issued on 13 July 2012, represented the culmination of almost two years’ work by SEC staff to analyse the issues related to the possible incorporation of IFRSs into the US financial reporting regime.