Article with an assessment of use of IFRSs around the world
07 Sep 2015
Former IASB member Paul Pacter, who manages the IFRS Foundation's study of IFRS use around the world, has published an assessment of his findings to date called 'The global reach of IFRS is expanding'.
His article first looks at the state of adoption in the jurisdictions the IFRS Foundation has so far compiled 'jurisdiction profiles' for and then analyses them in different groups. Two of the conclusions he arrives at are "Assertions of 'many local flavours' are wrong" and "Not just a goal, but a reality". He also includes "A word about the United States" and comments on "Consistent application and implementation of IFRS". Please click to assess the new assessment on the IASB website.
Mr Pacter, former webmaster of IAS Plus, is also the original author of our popular table on the use of IFRSs around the world.