English Institute urges immediate endorsement of IAS 39

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06 Jul 2004

The chief executive of the Institute of Chartered Accountants in England and Wales has written to the United Kingdom Minister of State for Industry, expressing the Institute's "serious concern" over the uncertainty regarding the endorsement of the international financial instruments standard IAS 39. -->"We urge the UK Government to continue to seek early endorsement of the latest version of IAS 39, unamended and unabridged.

Anything less is likely to lead to long-term damage to the credibility and quality of European financial reporting." Click to the ICAEW letter (PDF 340k).

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