Brussels, 16/11/2007 (Agence Europe) - On Thursday 15 November, Internal Market Commissioner Charlie McCreevy welcomed the US Securities and Exchange Commission's (SEC) decision to abolish the reconciliation to US Generally Accepted Accounting Principles (GAAP) for foreign companies using International Financial Reporting Standards (IFRS). This “crucial” decision by the SEC “will benefit EU companies with a US listing” and is a “historical step … on the road towards global...