Equities
A majority of equity analysts believe that the switch to the new International Financial Reporting Standards (IFRS) on January 1 2005, which affect all EU-listed companies, could result in market turmoil. The share price of any company with significant treasury activities could be affected because of poor understanding of the new rules and inadequate communication about them.
According to a survey of 100 buy-side and sell-side analysts by Mori for KPMG, 53% of equity analysts believe that IFRS...
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