Thoughts on this IFRS thing

For those of you who don’t know.  IFRS is International Financial Reporting Standards.  They are a body of professionals independent of country that create standards for all countries to follow.  They aim to create an international standard so that as the global market grows, investors can have comparability and consistency among reporting methods.  This has yet to be implemented in the United States but is up for debate. I realize that this is an insanely huge topic.  But I thought it would be good just to throw around some common [...]