Blythe

Int'l Accounting Effects: The PCAOB's Strategic Plan

It's great to read that the investment community is waking up to the change from GAAP to IFRS. As someone who informs management about IFRS convergence and the competitive implications, I am shocked that the press has not made a bigger deal of this. Can you imagine comparing two P&Ls with dramatically different results solely because the fruit-salad of different accounting treatment and reporting? It's coming soon.