• Yes, I believe that the IFRS is good for the global economy

    I definitely believe that the International Financial Reporting Standards are great way to ensure proper global constitution. I believe that if there are international rules set forth for certain companies and organizations to behave within fair financial rules and standards there would be less financial crimes and monetary manipulation on an international basis.

  • The IFRS benefits the global economy

    A common accounting standard and language is a positive step to a more open international economy. While there is no reason that an business standard should be codified and accepted by all businesses in all countries, the convenience of having the option to adopt a widely understood set of guidelines can lower the barrier to entry for new businesses looking to expand internationally.

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