El movimiento hacia las IFRS lo impulsa la codicia (The move to IFRS: All about greed)

Profesor David Albrecht escribió una gran pieza hoy sobre el impulso para pasar de las U.S. GAAP (Generally Accepted Accounting Principles) a las IFRS (International Financial Reporting Standards). Su conclusión? El impulso al cambio es motivado exclusivamente por la codicia. Leer el articulo del profesor en: they still dont get it

Professor David Albrecht wrote a great piece today about the push to move from U.S. GAAP (Generally Accepted Accounting Principles) to IFRS (International Financial Reporting Standards). His conclusion? The push to switch is motivated purely by greed.

Accounting standards exist so that financial statements have some uniformity. Users of financial statements outside of the companies producing the numbers are able to compare financial statements and understand what the users mean because standards have … standardized… financial statements.