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World Accounting Report

IFRS not forgotten

Commissioner Michael Piwowar told a New York conference that while the SEC had not made any pronouncements on IFRS since the 2012 staff report on application of IFRS, IFRS had not been forgotten. He argued that the demand for IFRS should be investor-driven, and assessing investor demand would be helped by progressing the idea of permitting US GAAP filers to provide a supplementary set of IFRS statements.

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