marketwatch NEWS (TT Sep04 p6-9)

The Treasurer September 2004

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Gearing up for IFRS compliance
Over 80% of companies are on target to comply with the International Financial Reporting Standards (IFRS) that come into effect on 1 January 2005, with many expecting to achieve hedge accounting under IAS 39 for 75% to 100% of foreign exchange (FX) and interest rate contracts.

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