CESR out with GAAP-IFRS convergence report
CESR out with report on work programmes of the Canadian, Japanese and US standard setters, the definition of equivalence and the list of third-country GAAPs currently used on the EU Capital Markets
The Committee of European Securities Regulators (CESR) has published a report, requested by the EU Commission, on the work programmes of the Canadian, Japanese and US standard setters, the definition of equivalence and the list of third-country GAAPs currently used on the EU Capital Markets.
The European Commission will be preparing a first report for the European Securities Committee and the European Parliament on the definition it will use to assess equivalence of third-country GAAP, and
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