MORE INTERNAL COOPERATION KEY FOR EUROPE’S INFLUENCE ON THE IFRS STANDARDS, REPORT CONCLUDES
December 4th, 2013
THE EUROPEAN Union (EU) should maintain its current implementation of International Financial Reporting Standards (IFRS) through EU law, and seek broader agreement between national and European interests when seeking to influence incoming IFRS standards, EU finance ministers have been advised.The EU is currently reviewing how it interacts with IFRS and Philippe Maystadt, former Belgian finance minister and former president of the European Investment Bank (EIB) has been charged by the European Commission with looking at how the EU adopts IFRS standards and ...
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