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IFRS — One Year On: At Home and Abroad

Gillian Wild, Tax Director, PricewaterhouseCoopers, reflects on where we stand on the first anniversary of the introduction of IFRS and asks what the future may hold

 
Gillian Wild Tax Director PricewaterhouseCoopers reflects on where we stand on the first anniversary of the introduction of IFRS and asks what the future may hold
 
This article reflects on where we stand on the first anniversary of the introduction of International Financial Reporting Standards (IFRS) and considers what the future may hold as the Accounting Standards Board (ASB) announces it is putting forward for discussion a 'Big Bang' approach to convergence of UK GAAP and IFRS in 2009.
 
The implications of IFRS and tax are also being debated on a more international scale as the European Commission (EC) continues to develop the concept...

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