Mike Capuano: “If we go to IFRS, we are going to go back toward more…”

On the recordMarch 27, 2012

If we go to IFRS, we are going to go back toward more principles-based.

Said by

Democratic · Massachusetts

Source

Capuano suggests that transitioning to IFRS will revert to principles-based accounting.

More from Mike Capuano

Sep 12, 2018

There will be no more bottom lines on whether it was worth the money to not do PTC and possibly risk lives or property.

Sep 12, 2018

I also want to state that, from what I see, there has been a lot of progress made.

Jun 7, 2023

You have to spend money to make money.

Jul 16, 2019

Mike Capuano did a great job, got it in the bill.

Other voices in this conversation

Mike Capuano: “If we go to IFRS, we are going to go back toward more principles-based.”