19/11/2008 (Agence Europe) - The Committee of European Securities Regulators (CESR) has backed the European Commission proposal that the accounting standards of the United States, Japan, China, Canada and South Korea be considered equivalent to the International Financial Reporting Standards (IFRS) used in the EU (see EUROPE 9693). At the end of October, the European Parliament adopted a resolution endorsing this move and calling for the recognition of Indian accounting standards (see EUROPE...