non-execs, finance directors and other board members affected by IFRS have reacted more positively and transparently than many could ever have predicted.

A special feature of the IFRS (International Financial Reporting Standards) is its asset and liability approach along with its many fair value measurements. Even in Japanese financial reports, in ...

Grant Thornton, a leading independently owned accounting and consulting firm, has backed the introduction of International Financial Reporting Standards (IFRS) for small and medium sized enterprises.