ICAS: UK unlikely to depart from IFRSs if it intends to remain a global player

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After the EU referendum in the UK, the Institute of Chartered Accountants of Scotland (ICAS) published a list with with 20 questions on the ‘Brexit’ ranging from business and trade to accounting and audit. In three separate batches, the ICAS staff have now published some answers to those questions and provide additional context and background to the key issues.

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