Not such a long run-up
13 September 2012
Listed companies in the EU must comply with IAS by 2005, which may mean putting new systems in place as early as next year. Let’s take a practical view of the situation…
Earlier this year, members of the European parliament voted to adopt a single set of accounting Standards, to be used in the preparation of the consolidated financial statements of all European Union-listed companies by 2005. Their aim is to improve the consistency of financial reporting by multinationals, making company statements more easily comparable. In turn,...