IFRS for SMEs to be used by 35 countries within three years
Developing and emerging nations are calling for the adoption of international accounting standards for small businesses, according to a straw poll by the International Accounting Standards Board. Support from 35 countries is expected to pressure developed nations, many in Europe, to accept rules proposed by the IASB within three years.
Accountancy Age (London) | 01/21
This story published in CPA Letter Daily on 01/25/2010
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