IFRS e-learning
IFRS e-learning | ||||
Free online financial reporting tools from Deloitte | ||||
As global capital markets become increasingly integrated, many countries are moving to International Financial Reporting Standards (IFRS). For example, in the European Union, companies with publicly traded shares or debt on a European exchange must use IFRS for their financial reporting for year ends beginning on or after January 1, 2005. Research by the world's six largest accountancy firms shows that an overwhelming majority of countries — more than 90 percent of a total 59 countries surveyed — intend to converge with International Financial Reporting Standards (IFRS).
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