The CEOs of the top six global accounting firms have joined forces to push for worldwide adoption of IFRS
In a paper released yesterday, the heads of the big four accounting firms – Deloitte Touche Tohmatsu, Ernst & Young, PricewaterhouseCoopers and KPMG – plus the next two biggest firms, Grant Thornton and BDO International, said they have found ‘overwhelming support’ for a change to a single, global set of high-quality accounting standards.
‘It is our view that the move toward global adoption of IFRS as promulgated by the IASB (International Accounting Standards Board) must be continued, along with the global convergence of audit and independence standards," the CEOs said in the paper.
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