IASB pushes for uniform accounting rules

Report of a FT interview with Hans Hoogervorst, Chairman of the International Accounting Standards Board. The IASB sets the International Financial Reporting Standards used by listed companies in the European Union and a broad range of other countries, including Canada, Brazil, Russia, South Korea and Australia.

He suggested that accounting inconsistencies are to be targeted more aggressively by the IASB.

ESO: Background information: Accounting rulemakers offer ‘fair value’ deal http://www.europeansources.info/record/accounting-rulemakers-offer-fair-value-deal/

Website: IFRS Foundation http://www.ifrs.org/Home.htm

ESO: Background information: Former Dutch minister to be IASB head http://www.europeansources.info/record/former-dutch-minister-to-be-iasb-head/

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