Daily Archives: December 31, 2014

IFRS Accounting Choices: An Impediment To Financial Statement Comparability

The ability to compare the financial performance and position of peer companies is critical for analysts, investors, and other users of financial statements. Standard & Poor’s Ratings Services believes that accounting choices–particularly available to companies reporting under International Financial Reporting Standards (IFRS)–can create hurdles for analysis while adding little valuableā€¦ More