Saturday, August 21, 2010

Youth culture: newly qualified accountants will bear the IFRS burden


Firms will have to rely on the younger generation to get to grips with IFRS for SMEs

It may fall onto the shoulders of the newest accounting recruits to guide the way through UK businesses’ adoption of new international accounting rules for unlisted companies.

Senior accounting figures will have to turn to their younger employees to educate them on new International Financial Reporting Standards (IFRS) when the UK makes the transition to new accounting rules next year.

See full Article.