James Protzman August 27, 2008 5:24 pm

The SEC today accelerated the implementation of IFRS ... some companies will be reporting using IFRS in 2010 ... with all required by 2014. This will change the global landscape yet again, with operations being consolidated in new offshore locations and capital flowing more and more freely. A whole bunch of companies are going to find themselves screwed because they don't have the technology infrastructure to make it work.