Accountants support the spread of global standards, according to new research.
The study by the International Federation of Accountants (IFAC) saw finance professionals from 123 nations being questioned on what they think should be its priority, with many saying global convergence should be at the top of the agenda.
"To move beyond the current crisis and ensure protection for all investors and taxpayers, the necessary parties around the world need to adopt and implement high-quality global standards," says IFAC chief executive officer Ian Ball.
"It is crucial for governments and regulators to take decisive actions in their countries and put in place their international commitments to converged standards."
Other top priorities included urging the G20 not to put pressure on small and medium-sized enterprises through new regulations or re-regulation.
Meanwhile, the US Securities and Exchange Commission is today (24th February) voting on a proposed timeframe for US companies to adopt international financial reporting standards.
