This graphic depicts the big jump in reporting standards being forced on EU Listed companies from 1 January 2005, by their requirement to report under International Accounting Standards (IAS). The relative differences between US GAAP and International Accounting Standards ,the higher standards or the top poles in the fence, are contrasted with the less exacting standards currently adopted by individual EU Member States and some of the new Accession States in the EU from Eastern Europe, the lower poles in the fence. |