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Technical.(Brief Article)

A restructur International Accounting Standards Committee brings independence from its parent, the International Federation of Accountants (IFAC), and exhibits a serious move towards the lengthy term goal of international accounting standards that are accepted and used worldwide. "The SEC has stated its support," said Sir Brian Carlsberg, secretary general. "We faith that eventually they will accept universal accounting standards and will become more involved in what we do. In a global business environment, global standards must be of benefit to everyone"





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