A vast majority of financial professionals supports the shift toward an international accounting regime, according to a recent Deloitte survey of CFOs and other financial managers. Seventy-five percent of the respondents “support the movement toward a single set of high-quality global accounting standards,” but 64 percent haven’t budgeted for the transition to the International Financial Reporting Standards. Sixty-two percent want the Securities and Exchange Commission to set a specific date for the conversion; 56 percent say the 2014 deadline in the SEC’s tentative roadmap was doable “or even could be accelerated.”
Access to authoritative analysis and perspective and our data-driven report series.
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In
At more than 80 million strong, Millennials are the largest generation ever. They’re also the most diverse, most educated, comprise the largest segment of the American workforce, hold the most purchasing power, and are poised to inherit more wealth than any other generation.