Evidence of support for IFRS
Adoption by the EU – public companies in the EU were required to begin using IFRS in 2005
IOSCO has endorsed IFRS for cross-listings
IFAC G20 accountancy summit in July 2009 issued renewed mandate for adoption of global accounting standards
Latest IFAC Global Leadership Survey—emphasized that investors and consumers deserve simpler and more useful information
Adoption of IFRS in 2011: Japan, Canada, India, Brazil and Korea