3 key facts - EU law states that all listed companies must use the new standards from 2005 for consolidated accounts By 2005 a total of 91 countries will be using the new standards All British companies including unlisted companies - will be able to use the new standards from 2005 for both consolidated and individual accounts
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Ralph Tiffin is a mechanical engineer who subsequently qualified as a Chartered Accountant and became manager in one of the largest international firms of accountants. He is now managing partner of an accountancy and consultancy practice. He has a wealth of experience with companies of all sizes in the UK and overseas. Work typically involves developing clients reporting and management systems along with appropriate management training, and developing project appraisal processes and spreadsheets. Ralph is also the author of The Finance and Accounting Desktop Guide (also by Thorogood).
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