Tuesday, August 08, 2006
The FASB has issued its annual survey on "Priorities of the Financial Accounting Standards Board." The survey, which invites written responses as opposed to check-the-box responses, is due back to FASB by August 31. Results should be out in October.
Pages 7-8 of the survey deal specifically with the issue of international convergence. The questions ask whether the responder supports convergence and why or why not, what role FASB should play in converging accounting standards, and how FASB should prioritize improving U.S. standards in favor of working on convergence.
There's also a cfo.com article about the survey here.