Enhancement for the case 111084.In late 2012, IASB chair Hans Hoogervorst, just over a year into his term, must address several serious geopolitical challenges that may derail IFRS growth. The SEC has issued a report summarizing why the U.S. shouldn't adopt IFRS. Other major markets like Japan and India begin to dither on IFRS as well.
The E-- the major backers of the IASB - is entangled in a debt emergency that separate it; Britain--the strongest voice for IFRS in EU - lirts with an EU exit. And China remains silent. Adding to these problems are longstanding concerns about its particular financing and the IASB's legal status. How can momentum be returned by Hoogervorst to IFRS?
PUBLICATION DATE: January 16, 2013 PRODUCT #: 113089-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING