New guidance on international accounting standards
Series: International Accounting Standards Board Press Release ; 19 June 2003 (3)Publication details: 2003Subject(s): Summary: The International Accounting Standards Board (IASB) has published guidance on how companies should move towards adoption of its standards. Most listed companies in the EU must use these instead of their home country reporting rules from 2005. Companies that issue financial statements for the fiscal year ending December 2005 under the IASB's standards will also have to restate their accounts for 2004 because of the need for comparative information. Companies with US share listings could also have to restate their accounts for 2003 because US regulators require two years of comparative information. Information on ordering a copy is available on the IASB website http://www.iasc.org.uk.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3924-08 (Browse shelf(Opens below)) | 1 | Available | 122768-1001 |
The International Accounting Standards Board (IASB) has published guidance on how companies should move towards adoption of its standards. Most listed companies in the EU must use these instead of their home country reporting rules from 2005. Companies that issue financial statements for the fiscal year ending December 2005 under the IASB's standards will also have to restate their accounts for 2004 because of the need for comparative information. Companies with US share listings could also have to restate their accounts for 2003 because US regulators require two years of comparative information. Information on ordering a copy is available on the IASB website http://www.iasc.org.uk.