The new IFRS provides information useful to investors and gives a “true and fair view” of the economic substance of a business
Companies should inform investors of the impact the transition had on financial results
Only 8% said that investors are well educated about transition, survey finds
New international reporting standards could hurt firms
Amendments reflect the adoption of IFRS
Changeover date moved to Jan. 1, 2012
Transition to IFRS is fast approaching
Smaller companies worried about resources
Regulator seeks comment on proposals
More improvements should be made as 2011 transition approaches