It's almost time for change
13 September 2012
You will be aware that all listed companies in Europe will be required to use International Accounting Standards from January 2005, this article explores IAS and FRS.
Background to the International Harmonisation Debate
Financial Reporting Commission (FRC) Proposes to Update Accounting Rules for the 21st Century
The following press release was issued by the International Accounting Standards Board early June 2002 and refers to the changes in reporting requirements by 2005.
"The European Commission...