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Sep 30, 2005

Switching Lanes

Wise words on educating analysts about new accounting standards.

Q. My company has made the switch to international financial reporting standards (IFRS) and so far we haven’t had many questions about the change from analysts. But I have heard there is a lack of understanding of how these rules affect the bottom line. Should we educate our analysts on how IFRS has affected our reporting? A. I highly recommend taking the lead and proactively educating analysts and investors on the impact IFRS will have on the financials to ensure the changes are fully

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Hulus Alpay

Hulus Alpay is senior vice president of New York-based IR and PR firm Makovsky & Company.
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