CESR advice on Canadian and South Korean GAAPs

07 April 2008

CESR consults on its recommendation that the Commission accept Canadian and Korean GAAP according to article 4 of the Commission Regulation on the mechanism for determining equivalence of third country GAAP.

 

CESR is of  the opinion that the adoption program in Canada and Korea is comprehensive and has no reason to doubt that the Canadian AcSB will achieve its objectives by 2011.

 

The consultation period closes on 25 April 2008.

 

Consultation paper

© Graham Bishop