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The AAO Weblog covers accounting issues and current events as they relate the practice of investment analysis.

Sep 26

Written by: Jack Ciesielski
9/26/2007 7:35 AM 

Over the last few months, I've mentioned the SEC's proposal to eliminate the reconciliation of "pure" IFRS earnings and stockholders' equity amounts to their US GAAP equivalent in SEC filings.

I've also mentioned the response of the Investors Technical Advisory Committee, which got a little airplay in the New York Times yesterday.

I've drafted a letter of my own, and submitted it to the SEC on Monday. Same sentiment as the ITAC letter, with a few more examples, drawn from the report on the two SEC international proposals that I issued on Monday.

Sign up for the free two-issue trial, and you'll receive the report on the two proposals - an issue that's going to roil investors for years to come, I think. As always, this offer is restricted to institutional investors only, with inclusion in the BigDough investor database as a litmus test for determining who are "institutional investors."