tag:blogger.com,1999:blog-6605604007532312210.post7111713885815446144..comments2024-01-14T01:21:39.198-07:00Comments on Accounting Principles: Why IFRS Adoption will Slow Down in the U.S.Malcolm McKayhttp://www.blogger.com/profile/01453291711308683929noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6605604007532312210.post-75155673459394328812010-11-05T02:03:17.684-06:002010-11-05T02:03:17.684-06:00After read blog topic's related post now I fee...After read blog topic's related post now I feel my research is almost completed. happy to see that.Thanks to share this brilliant matter.<br /><a href="http://www.usatermpapers.com/accounting_thesis.htm" rel="nofollow">accounting thesis</a>Accounting Thesishttp://www.usatermpapers.com/accounting_thesis.htmnoreply@blogger.comtag:blogger.com,1999:blog-6605604007532312210.post-18140330548503725892010-04-09T10:03:34.822-06:002010-04-09T10:03:34.822-06:00You're absolutely correct. IFRS is going to b...You're absolutely correct. IFRS is going to be a huge bonanza for trial lawyers and it will force all but the smallest tax preparation firms to merge or fold, because their liability will go through the roof once the switchover occurs. The Big 4 loves this. But IFRS is horrible for other reasons as well -- these "principles" have been invented for use in small countries where inflation is sometimes very high. Consequently, fixed assets are always marked to market. This makes the balance sheet more accurate at a glance, but also incredibly difficult to go through the financials and figure out where the cash is going.Georgenoreply@blogger.com