Did you catch this article in the latest issues of CFO Magazine: http://www.cfo.com/article.cfm/14552868?f=search
The new FASB chairman has laid out her top priorities in the first half of 2011: “melding” the standards (between US GAAP & IFRS) for financial instruments, rev rec and leasing. This could pave the way for an announcement from the SEC on a true IFRS timeline.
If you are interested in further information on IFRS, consider attending our IFRS Conference in September in Las Vegas being led by Deloitte speakers. Here is the link: https://acslive.com/events/ifrs_practical.html