Prem Sikka on IFRS 8

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Prem is in action on IFRS 8 in the Guardian today.

As ever he is bang on target.

PS And read Alex Hawkes on this at Accountancy Age, who in a great blog commends Prem for this, and rightly so:

To some observers, accounting debates may appear boring, technical and grey, but accounting practices affect taxes, perceptions of risk and the value of people's savings, investments, pensions and access to education and healthcare. Accountancy rules affect public welfare and they should be made by a democratic organisation that is independent of big business and accounting firms.