Analysts say IFRS adoption will be good news for some Korean firms

01/6/2009 | JoongAng Daily (Korea)

Stock market analysts say that early adoption of the international financial reporting standards, if allowed by Korean regulators, could provide momentum for the stock of some domestic firms. A number of brokerages say Korea's Financial Services Commission and the Financial Supervisory Service are considering introducing the accounting standards within the year.

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JoongAng Daily (Korea)