Stellungnahme BdB zu "Request for Views on Effective Dates and Transition Methods"
The implementation of the large number of major standard-setting projects that are to be completed in 2011 is a mammoth task for the entities affected which can only be mastered through a substantial investment of time and financial resources. Against this backdrop, we believe that the intention behind the Request for Views, i.e. creating as practical and consistent rules as possible for transition to the new standards, makes sense. On the other hand, it is difficult to say anything definite at present about the anticipated cost of, and time needed for, the changeover, as many of the standards concerned have not yet been adopted and further delays cannot be ruled out. The following remarks are therefore subject to the reservation that the projects in question are finalised by mid-2011. […]