@Going Concern “The Big 4 Pro-IFRS Campaign Has Some Flaws”
By Francine • Feb 10th, 2010 • Category: Writing for OthersMy new post is up @Going Concern:
“IFRS For Everyone” is not just another well-crafted campaign for a government-sanctioned “next big thing” to sustain the Big 4’s untenable, unsustainable, obsolete business model that produces a, purported by some, worthless product. The Big 4 are bringing their best and brightest minds, from all over the world, to the US to evangelize their colleagues and transform their clients.
Their message: IFRS is good. It’s better than GAAP. It’s the right thing for global investors.
Deloitte has partner Nick Difazio on the job. Nick has, “substantial experience with due diligence activities for acquisitions, dispositions, and Securities and Exchange Commission (SEC) filings. He has worked extensively with clients in the automotive, manufacturing and high-tech industries. Previously, he served as deputy managing partner for Regulatory and Public Policy matters and was the chief of staff to Deloitte’s chief executive officer.”
Mr. Difazio has automotive experience – at Delphi. He also has substantial experience with SEC filings. He was the subject of one recently…
Go here for the rest of the story.
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Francine McKenna (@retheauditors) has more than twenty years of experience in consulting and professional services including tenure at two Big 4 firms, both in the US and abroad. For more info, click the "About" page link at the bottom of this page.