THE INSTITUTE of Chartered Accountants of Scotland (ICAS) favours a "big-bang transition" to International Financial Reporting Standards (IFRS).
THE INSTITUTE of Chartered Accountants of Scotland (ICAS) favours a "big-bang transition" to International Financial Reporting Standards (IFRS).
The big-bang is intended to give companies time to prepare for the introduction of IFRS from introducing all of the standards at formerly possibly in the next pair to three years, rather than the propos phased implementation of IFRS
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