Brussels, 22/04/2008 (Agence Europe) - On Tuesday 22 April, the European Commission published the second report on third countries in the process of converging their national accounting standards towards the International Financial Reporting Standards (IFRS) which are used in the European Union (see EUROPE 9467). On the basis of the opinion given by the Committee of European Securities Regulators (CESR), the Commission says that the accounting standards of the United States (US GAAP) and of...