Thursday, August 04, 2011

Can IFRS 9 prevent Greek tragedy?


IFRS 9, the global accounting standard on financial instruments, is among the most heavily scrutinised projects of the International Accounting Standards Board.

Recent events in Greece have dragged it further into the spotlight as some claim early adoption will help ease the burden of EU members' sovereign debt, while others insist changing accounting rules is not the answer.

See full Article.