EC will assess economic impact of IFRSs

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28 Sep 2006

In 2007, the European Commission will begin a comprehensive evaluation of the economic impact of its Financial Services Action Plan (FSAP).

The FSAP includes the adoption of International Financial Reporting Standards for listed companies throughout Europe. To plan the impact assessment, the Commission will convene a workshop on methodology on 25 October 2006 in Brussels. "Economic experts representing the financial services industry, supervisors, consumers, and the academic world have been invited to present their views on how best to carry out the evaluation of such a complex programme." Background documents for the workshop include:

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