Energy firms face “crunch time” for accounting compliance
Professional services firm PricewaterhouseCoopers (PwC) says time is running out for energy and utility companies to get to grips with the pending implementation of the International Financial Reporting Standards (IFRS).
The new rules will affect all European Union-listed firms, which will need toproduce comparative figures in 2004. Under IFRS, financial information will bedirectly comparable between companies in all EU countries, a
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