Global adoption of IFRSs – implications for the profession
Dec 28, 2007
The Q4 2007 issue of Insight, the IASB's quarterly journal, includes an article on IFRSs Going Global: Implications for the Profession.
The benefits are self-evident. The more investors and other stakeholders think that they understand something the more likely they are to provide money or invest in it. It all depends on how much confidence they have in the company and there will always be an element of doubt if the language is different.