The Trusted Professional - March 15, 2010

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Trusted Professional he Vol. 13 No. 5 · March 15, 2010 The Newspaper of the New York State Society of Certified Public Accountants www.nysscpa.org SEC Reaffirms Commitment to IFRS By CHRIS GAETANO and COLLEEN LUTOLF Trusted Professional Staff T he Securities and Exchange Commission (SEC) unanimously voted on Feb. 24 to approve a statement that reaffirms the United State's commitment to eventually adopt a single set of high-quality global accounting standards. However, despite an overall vote of sup- port for an international set of standards in the United States and a work plan to get there, SEC Chair Mary Schapiro said the <a title="The Trusted Professional - March 15, 2010 page 1" href="http://viewer.zmags.com/publication/ec2fc9f8?page=1">Trusted Professional heVol. 13 No. 5 </a> Trusted Professional heVol. 13 No. 5 <a title="The Trusted Professional - March 15, 2010 page 2" href="http://viewer.zmags.com/publication/ec2fc9f8?page=2"> 2New York State Society of Certi</a> 2New York State Society of Certi<a title="The Trusted Professional - March 15, 2010 page 3" href="http://viewer.zmags.com/publication/ec2fc9f8?page=3"> 3New York State Society of Certi</a> 3New York State Society of Certi<a title="The Trusted Professional - March 15, 2010 page 4" href="http://viewer.zmags.com/publication/ec2fc9f8?page=4"> 4New York State Society of Certi</a> 4New York State Society of Certi<a title="The Trusted Professional - March 15, 2010 page 5" href="http://viewer.zmags.com/publication/ec2fc9f8?page=5"> 5New York State Society of Certi</a> 5New York State Society of Certi<a title="The Trusted Professional - March 15, 2010 page 6" href="http://viewer.zmags.com/publication/ec2fc9f8?page=6"> 6New York State Society of Certi</a> 6New York State Society of Certi<a title="The Trusted Professional - March 15, 2010 page 7" href="http://viewer.zmags.com/publication/ec2fc9f8?page=7"> 7New York State Society of Certi</a> 7New York State Society of Certi<a title="The Trusted Professional - March 15, 2010 page 8" href="http://viewer.zmags.com/publication/ec2fc9f8?page=8"></a> <a title="The Trusted Professional - March 15, 2010 page 9" href="http://viewer.zmags.com/publication/ec2fc9f8?page=9"> 9New York State Society of Certi</a> 9New York State Society of Certi<a title="The Trusted Professional - March 15, 2010 page 10" href="http://viewer.zmags.com/publication/ec2fc9f8?page=10"> 10New York State Society of Ce</a> 10New York State Society of Ce<a title="The Trusted Professional - March 15, 2010 page 11" href="http://viewer.zmags.com/publication/ec2fc9f8?page=11"> 11New York State Society of Ce</a> 11New York State Society of Ce<a title="The Trusted Professional - March 15, 2010 page 12" href="http://viewer.zmags.com/publication/ec2fc9f8?page=12"> 12New York State Society of Ce</a> 12New York State Society of Ce<a title="The Trusted Professional - March 15, 2010 page 13" href="http://viewer.zmags.com/publication/ec2fc9f8?page=13"> 13New York State Society of Ce</a> 13New York State Society of Ce<a title="The Trusted Professional - March 15, 2010 page 14" href="http://viewer.zmags.com/publication/ec2fc9f8?page=14"> 14New York State Society of Ce</a> 14New York State Society of Ce<a title="The Trusted Professional - March 15, 2010 page 15" href="http://viewer.zmags.com/publication/ec2fc9f8?page=15"> 15New York State Society of Ce</a> 15New York State Society of Ce<a title="The Trusted Professional - March 15, 2010 page 16" href="http://viewer.zmags.com/publication/ec2fc9f8?page=16">It's Not An Option. 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