login
login

Europe Daily Bulletin No. 9553

29 November 2007
Contents Publication in full By article 17 / 36
GENERAL NEWS / (eu) eu/financial services
Europe should accept publication of accounts using American accounting principles in 2008, says Mr McCreevy

Brussels, 28/11/2007 (Agence Europe) - “Now it will be Europe's turn to accept accounts in US GAAP” (American accounting principles) and “this decision will have to be taken next year”, declared Charlie McCreevy, the European commissioner for the internal market, speaking at the annual conference of the European Federation of Accountants (EFA). “And it is certainly my intention to propose that no reconciliation to IFRS (International Financial Reporting Standards) will be needed”...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS