Skip to main content

Energy firms face “crunch time” for accounting compliance

In its report, Crunch time – embedding International Financial ReportingStandards in energy and utilities, PwC said the sector is facing its biggestaccounting shake-up in 25 years. The company called for chief financial officersto plan to embed IFRS across their organisations.

The new rules will affect all European Union-listed firms, which will need toproduce comparative figures in 2004. Under IFRS, financial information will bedirectly comparable between companies in all EU countries, a

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Energy Risk? Register here

Register for access to all Energy Risk content

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: