Brussels, 29/04/2008 (Agence Europe) - In a report adopted on Thursday 24 April, the European Commission says that the first year of compulsory application of International Financial Reporting Standards in the EU “has been generally positive, even if the regulatory changes and lack of experience have posed a challenge for first-time appliers”.
From 1 January 2005, the International Accounting Standards (IAS) regulation required European companies whose securities are admitted to trading...