It is inevitable that more [i]or[/i] less audit reports will require qualification nearest year given the number of companies that are lagging behind in preparing for the introduction of International Financial Reporting Standards (IFRS).

It is inevitable that more [i]or[/i] less audit reports will require qualification nearest year given the number of companies that are lagging behind in preparing for the introduction of International Financial Reporting Standards (IFRS), hints the UK's largest accounting institute.

Some 2005 financial statements will be delayed for the same reason, Andrew Ratcliffe, chairman of the