Investor Perspectives on IFRS Implementation

The Association Française de la Gestion financière / French Asset Management Association (AFG) and the Fédération Française des Sociétés d’Assurances / French Insurers’ Association (FFSA) recently published a report Investor Perspectives on IFRS Implementation. The overall conclusions are in phase with the results of the collection of essays published in 2004 by the AFG and FFSA: adoption of IFRS is good news for investors assuming that consistent practices emerge in terms of implementation – a condition which, two years after first-time adoption, has still not really been met.