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IFRS Notes

1003
IFRSs are required in European Union

IFRSs in EU

1. Public companies in European Union
2. For financial years beginning on or after January 1, 2005.
3. IFRSs are required.

4. EEA includes EU member states and EFTA.
5. EEA: European Economic Area
6. EFTA: European Free Trade Association

7. EU Member States: 27 Countries in 2008
8. EFTA: 4 Countries
9. Switzerland: EFTA , but Non-EEA
 
   
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