Europa e o Iasb

Existe uma preocupação quanto as exceções às normas internacionais do Iasb por parte do Iasb. Isto poderia abrir caminho para que outros países façam a mesma coisa. A Europa não aceitou o IAS 39 (hedge accounting) e esteve próxima de mudar o IFRS 8 (business segments). Segundo o CFO (Europe Called Threat to Accounting Convergence
Alan Rappeport, 18/10/2007)

Last month, during the SEC's comment period on convergence, a letter from the European Association of Listed Companies highlighted the difficulty European firms could face if forced to adopt IFRS in their "pure" form. The letter said: "While European companies would prefer that there be only one 'IFRS' (and not an IASB version plus jurisdictional variants), they are faced with the reality that they are legally bound to publish financial statements in accordance with IFRS as adopted by the European Union."

A insatisfação com a IFRS já era objeto de comentário da Accountancy em 8/10/2007 (EU Financial Reporting - IFRS: time to walk away?)

European dissatisfaction with IFRS is rising high. But, reports John House, the UK's ASB is urgently cautioning Europe against breaking away.

At the end of last month, Ian Mackintosh, chairman of the UK Accounting Standards Board, spoke out against a rising tide of dissatisfaction in Europe with International Financial Reporting Standards. He told Accountancy that there is a risk that Europe could be about to walk away from IFRS at a time when the EU's participation in the drive towards global accounting standards is more crucial than ever. (...)