GLOBAL - The controversial accounting rules FRS17 and its international counterpart IAS19 should be scrapped as they do not "make any sense", according to Francis Ghiloni, head of sales and marketing at Britannic Asset Management.
Ghiloni claimed that the controversial rules could be scrapped soon, as they have already caused “too much noise, too much pain” to both corporations and the pensions industry. Both FRS17 and IAS19...
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