The time to scrap IFRS accounting has arrived

The FT has two articles this morning highlighting the failure of accounting rules to handle the impact of the coronavirus crisis, most especially in banking. The problem that is being faced has persisted since 2005 when International Financial Reporting Standards were introduced as the de facto accounting standard system for the UK, the EU and […]

source https://thebtrader.com/2020/04/27/the-time-to-scrap-ifrs-accounting-has-arrived/?utm_source=rss&utm_medium=rss&utm_campaign=the-time-to-scrap-ifrs-accounting-has-arrived