"The quality of financial information produced by IFRS is very high, thanks to the work of the IASB, but also to the convergence project with the United States. And a decade of use by both advanced and developing economies has shown that our mission of a s ingle set of high global accounting standards is desirable, achievable and in my view, inevitable." [IASB's Ian Mackintosh, The Maturing of IFRS]
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Who Among Us Considers the IASB a “Success Story”?
- Caleb Newquist
- September 21, 2011
Count IASB Vice Chairman Ian Mackintosh as one.
Ian Mackintosh called the IASB a success story, saying global standards are now accepted in more than 120 countries and high-profile non-signer the US will make a decision later this year.
A high-profile non-signer who increasingly sounds pessimistic about the whole exercise. Oh! India and Japan aren’t sold either. Sounds like a winner, doesn’t it?
Investors: IFRS unfit for purpose [Accountancy Age]
IASB Vice Chairman Suggests Adopting IFRS Is the Only Solution to Convergence Failure
- Adrienne Gonzalez
- August 13, 2014
You know, I have to give it to these guys, they are nothing if not […]
Vladimir Putin Is a Proud Member of the IFRS Fan Club
- Caleb Newquist
- October 30, 2010
“Russian companies have a range of resource and processing assets abroad and that’s why we should assimilate the international standards of accounting as early as possible.”
~ The Russian Prime Minister won’t be waiting until 2011 to make up his mind.