Explain to me again why IFRS is a good idea

If you’ve been having reservations about the train that is heading full steam down the IFRS track, here are a couple of posts from an IFRS critic to increase your concerns .

Professor David Albrecht says in Wanted: A Good Reason that he’d like one good reason to adopt IFRS and offers two very brief, devastating concerns.

He also has a very long post that outlines his concerns in great detail.  Superb read if you want a full explanation.

Take you choice, a quick objection or the full professorial explanation. Both worth all the time you spend.

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