Appeared on April 23, 2009
Dr. David Campbell, department head and professor of accounting, was featured in an article in The Bottom Line titled "Many in U.S. still have IFRS fears." Dr. Campbell discussed how businesses are reluctant to switch over to IFRS since the SEC is discussing a possible extension to the 2011 implementation of IFRS. Even though the switch is inevitable there is no rush for early adoption, this means that 1,100 foreign SEC registrants no longer have to reconcile the IFRS financial statements to U.S. GAAP statements said Campbell.