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For many executives, the impending transition to International Financial Reporting Standards (IFRS) has not yet registered on the radar screen or has, at best, been mentally filed as an “accounting” issue. However, this landmark change is going to have a significant impact on all publicly accountable enterprises, and that impact will not be confined to the books. It is also likely to affect operational areas outside of the finance function. All executives should expect to be affected by this transition, whether or not they sit in the finance group. http://www.nationalpost.com/todays_paper/story.html?id=991032
National Post
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