Blue-chip CFOs have criticised.
| Position | Jon Symonds, Hundred Group - Brief article |
Blue-chip CFOs have criticised international financial reporting standards (IFRS) for rendering accounts less relevant and comprehensible.
Jon Symonds, chair of the Hundred Group of FTSE-100 finance directors and CFO of AstraZeneca, said that, although he agreed with the idea of a uniform set of global standards, IFRS "undermined communications between businesses and owners".
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