BRUSSELS BEGINS EU IFRS IMPLEMENTATION REVIEW

EU VAT FORUM PILOT EXTENDED ONE MORE YEAR THE EUROPEAN Commission is to carry out an evaluation of the European Union (EU) regulation (EC) No 1606/2002 that says EU listed companies must use international financial reporting standards (IFRS) to produce their consolidated accounts. Brussels will look at how this commitment is being implemented across the EU. It will draw on the recommendations made to the EU Council of Ministers last November by Philippe Maystadt, the special advisor to the European Financial Reporting Advisory Group ...


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