Tweedie's perfect storm

Article Abstract:

The Chief Financial Officers of EU-listed companies complain that International Financial Reporting Standards (IFRSs) are producing information that are far from making accounts more transparent and easy to understand. However, Sir David Tweedie, the chairman of the International Accounting Standards Board, is optimistic about the criticisms from companies struggling to make sense of the new requirements.

Management dynamics, Venture Analysis, Management, Interpretation and construction, Business enterprises, Accounting, Company business management, Accounting law

---

IFRS on a knife edge, says AstraZeneca CFO

Article Abstract:

The future prospect of International Financial Reporting Standards (IFRS) is doubtful, according to AstraZeneca CFO Jon Symonds. There are critical issues to resolve like consistency of interpretation, rules versus principles debate, fair value and the complexity of accounts with respect to IFRS but many view its future positively.

Pharmaceutical preparations, Executive changes & profiles, Officials and employees, Pharmaceutical industry, Beliefs, opinions and attitudes, AstraZeneca PLC, AZN, Symonds, Jon

---

The big picture

Article Abstract:

International Financial Reporting Standards have become mandatory for the consolidated accounts of European Union-listed countries. A large number of countries outside of EU mandate or permit IFRS for the consolidated accounts of the listed companies.

Other Financial Vehicles, Security & commodity services, not elsewhere classified, Financial Record Keeping Services, International aspects, Financial records management

Similar abstracts:

• Abstracts: Stoked Girls Perfume Spray. Celine Dion Fragrance For Women
• Abstracts: Roche defends Raptor, JSF, says decision near on STOVL plane. EADS sees China as key supplier, customer
• Abstracts: Budweiser Beer. Busch Beer in 50th Anniversary Packaging
• Abstracts: Lockheed profits soar 52.7 percent in quarter, 44.2 percent in 2005. UTC profits up 10.5 percent in 4th quarter; 18.1 percent for year
• Abstracts: Giambastiani urges 'win' for defense firms on both sides of Atlantic. Rand: China's defense sector 'emerging from the doldrums'

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.