Challenges and Successes in Implementing IFRS

It is clear that there are many challenges to achieving international convergence. What must be done nationally? What support, if any, can be expected from the international standard setters? How will national initiatives to achieve international convergence affect the reporting entities in a country, what actions should be taken nationally to address these effects, and who should take these actions? How can the education and training of professional accountants keep pace with the changing environment in which the international standards are being set? Who will keep investors, analysts, journalists and members of the public informed of these changes and their consequences? To learn more, read Challenges and Successes In Implementing International Standards: Achieving Convergence To IFRSs And ISAs.