Adhesives Blog


E-News Poll Results 8/11/2009 (8/13/2009)

August 13, 2009
/ Print / Reprints /
ShareMore
/ Text Size+
Here we present the results of the August 10 ASI E-Newsletter survey.

Subscribers to ASI’s E-Newsletter may have noticed the addition of a weekly survey to the news features section. Here we present the results of the August 10 survey.

The U.S. is contemplating adopting International Financial Reporting Standards (IFRS). IFRS are currently used by over 100 countries, and proponents believe these will bring greater consistency and comparability to corporate financial reporting. Are you familiar with IFRS?

Yes: 81.8%
No: 18.2%

Do you think the U.S. should adopt these standards?

Yes: 63.3%
No: 36.7%

Comments:

“I do not like any overseas standards but ISO. REACH is a good example of a bad regulation!”

“If 100 nations can use it then we should use it too in my mind.”

“Unless this standard is substantially different than the current standard I would not see the benefit of using a new standard. Will the new standard stop what caused our current crash and burn?”

“Are we just trying to create an accounting empire? Our accounting department is 2x-3x larger than it needs to be to comply with standards, prep for audits, etc. Pretty soon there will be more accountants than workers.”

“Consistency and comparability sound good... crafty accountants will always try to cook books.”

“We all would benefit from a uniform standard for financial accounting. The U.S. `GAAP’ needs to be compared to, and maybe reconciled with, the IFRS. Possibly we would report in both formats for a few years, so readers of financial statements can get comfortable interpreting under the new (IFRS) rules.”
 
You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI August 2014 cover

2014 August

Our August issue includes what is traditionally our most popular article of the year: the ASI Top 25. You won't want to miss it!

Table Of Contents Subscribe

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px