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IFRS should be phased in 2004

Series: RICS Brussels Briefing ; 19 January 2004 (1)Publication details: 2004Subject(s): Summary: New guidelines recommend that national regulators require companies in the EU to phase in the use of international financial reporting standards during 2004. The guidelines published by the Committee of European Securities Regulators (CESR) require companies to restate their accounts for 2004 so as to make comparisons with 2005. CESR guidelines available at http://www.europefesco.org/v2/default.asp.

New guidelines recommend that national regulators require companies in the EU to phase in the use of international financial reporting standards during 2004. The guidelines published by the Committee of European Securities Regulators (CESR) require companies to restate their accounts for 2004 so as to make comparisons with 2005. CESR guidelines available at http://www.europefesco.org/v2/default.asp.