IASB responds to industry requests for "period of stability"

03/7/2012 | Reuters

The International Accounting Standards Board is responding to industry requests to slow down the pace of changes. "Now we have most of the world on board, even a small change to a standard can be like dropping a pebble into still water," said Chairman Hans Hoogervorst. "Let's fix what needs fixing, and no more. The most common feedback is a request for a period of stability." Learn more about International Financial Reporting Standards at IFRS.com.

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