Harmonization of Accounting Standards withing the Caribbean & the ...
Harmonization of Accounting Standards withing the Caribbean & the ...
Harmonization of Accounting Standards withing the Caribbean & the ...
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Responses to 200451Providing solutions that countDiscussion Paper• PV 7.3: There would be a rebuttablepresumption that no modifications would bemade to <strong>the</strong> recognition and measurementprinciples in IFRSs.• 65% <strong>of</strong> respondents to DP did not agree.• Felt recognition and measurementmodifications are needed.• Concerned that IASB is prejudging.• Cited growing measurement complexities inIFRSs.David Raggay June, 2005