Brexit and the Trump Era: The future of IFRS

Abstract

Following the uncertainty of regulatory reform under Brexit and the new Trump Administration Era, this installment of Accounting Matters explores the future of international financial reporting standards (IFRS). I interviewed Mr. Hans Hoogervorst, Chairman of the International Accounting Standards Board (IASB), and Mr. Michael Izza, Chief Executive of the Institute of Chartered Accountants in England and Wales (ICAEW). The two give their opinions on what they see as the lasting impact of Brexit and the Trump Era on their organizations and accounting standards internationally.