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As global capital markets become increasingly integrated, many countries are moving to International Financial Reporting Standards (IFRS). For example, in the European Union, companies with publicly traded shares or debt on a European exchange must use IFRS for their financial reporting for financial years starting on or after 1 January 2005. Is your company ready?
Deloitte publishes a quarterly newsletter IAS Plus with contributions from our Firm's people who assist our clients worldwide in implementing International Financial Reporting Standards (IFRSs).