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SEC RIN: 3235-AJ93 Publication ID: Spring 2009 
Title: Roadmap for the Potential Use of Financial Statements Prepared in Accordance With International Financial Reporting Standards by U.S. Issuers 
Abstract: The Commission published a concept release concerning use of financial statements prepared in accordance with the International Financial Reporting Standards as published by the International Accounting Standards Board for purposes of complying with Commission rules and regulations. Based on the comments received, the Commission published a proposing release for public comment setting forth a roadmap with several milestones that, if achieved, could lead to the mandatory use of International Financial Reporting Standards by U.S. issuers beginning in 2014, if the Commission determines that doing so would be in the public interest and enhance the protection of investors. The proposing release also sought comments on proposed amendments to various regulations, rules and forms that would permit use of IFRS by a limited number of U.S. issuers for years ending on or after December 15, 2009, if this would enhance the comparability of financial information to investors. 
Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 15 USC 77a et seq    15 USC 78a et seq    15 USC 80a-1 et seq   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  08/14/2007  72 FR 45600   
ANPRM Comment Period End  11/13/2007    
NPRM  11/21/2008  73 FR 70816   
NPRM Comment Period End  02/19/2009    
NPRM Comment Period Extended  02/09/2009  74 FR 6359   
NPRM Comment Period End  04/20/2009    
Final Action  11/00/2009    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Included in the Regulatory Plan: No 
RIN Information URL: www.sec.gov/rules/proposed/2008/33-8982.pdf  
RIN Data Printed in the FR: No 
Agency Contact:
Blaine Roundy
Office of the Chief Accountant
Securities and Exchange Commission
100 F Street NE,
Washington, DC 20549
Phone:202 551-5322
Email: roundyb@sec.gov