marketwatch NEWS (TT Nov04 p6-9)

The Treasurer November 2004

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EU opts for carved-out IAS 39
The European Union has gone ahead with adoption of the carved-out version of IAS 39 (See News, page 7, The Treasurer, October) in a move which could raise serious issues for UK and European companies in the process of adopting the new International Financial Reporting Standards (IFRS).

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