As many as 74% of UK finance managers would be more likely to buy stock in a company employing International Financial Reporting Standards (IFRS) than one which was not, according to research released today by Robert Half Management Resources, the world’s largest financial interim and project consulting firm. This figure rises to an incredible 91% amongst Irish finance managers, but drops to 52% of French respondents. The European average stood at 65%.
The research, conducted amongst 1000 companies across Europe, also discovered that 62% of UK finance managers believe the cost of implementing IFRS still outweighs its benefits.
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