The inevitability of IFRS.

PositionNews&trends - Financial executives surveyed on accounting standards - Survey - Brief article

A recent Deloitte survey of financial executives found:

* 8% percent of respondents indicated their companies viewed international financial reporting standards conversion to be highly or somewhat likely to become mandatory in the United States.

* 59% viewed mandatory conversion in the United States as highly likely.

* More than 65% of respondents indicated that their company had designated a person or team to focus on IFRS or monitor IFRS developments

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