Summary: Although convergence between US generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS) has been the subject of much debate and collaborative effort, it is still unclear when the US Securities and Exchange Commission (SEC) will make a determination about how to proceed, or what its final decision is likely to be.

FORBES: Finance

On Tuesday, the SEC hosts a long-planned forum to discuss its "road map" for the convergence of U.S. and international accounting standards.

FORBES: Going Global With Accounting

She called for a convergence of U.S. and international accounting standards.

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The prospects and desirability of convergence between U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) have been much debated, but the SEC has not yet decided whether and how to proceed.

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