G-20 leaders call for a single set of high-quality, global accounting standards by 2011

The latest edition of KPMG’s Defining Issues reports on the G-20 meeting where leaders called on international accounting standard setters to redouble their efforts to achieve a single set of high-quality, global accounting standards through their independent standard-setting processes and complete their convergence project by June 2011. They also asserted that the IASB, through its institutional framework, should further enhance the involvement of stakeholders.

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Defining issues: G-20 leaders call for a single set of high-quality, global accounting standards by 2011

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