Europe and IFRSs: six years on
22 Mar, 2011
The IASB has uploaded to its site an article on the history of IFRSs in Europe.
Financial journalist Robert Bruce, who is also the regular resident commentator for IAS Plus, provides a retrospective on the adoption of IFRS in Europe, discussing the successes, challenges and effects of the 'brave decision' of Europe to move to IFRSs from 2005, the resultant impacts on global standard-setting, the governance and other lessons learned from the process and what it means for the future.
Click for Robert Bruce's Europe and IFRSs: six years on (link to IASB website).