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IPFS News Link • Economy - International

U.S. official "optimistic" on global accounting move

• Reuters

A senior U.S. regulator was "optimistic" on Monday about finding a framework for the world's top economy to use global book keeping rules for investors to compare cross-border companies.

"We are hopeful we can put forward a model," James Kroeker, chief accountant at the U.S. Securities and Exchange Commission (SEC), told Reuters.