Letters

摘要

I was delighted to read Matthew Curtis's article (May issue, p80), and ecstatic to see David Towers' follow-up letter (June issue, p16), both condemning IFRS 2, Share-based Payment. I retired earlier this year, but not before this standard had blighted my last two years at work. All accountants have to jump through hoops as part of their role to society, but when those hoops fly in the face of common sense, logic and simple accounting then we are actually doing a disservice to the society we serve. Please replace IFRS 2 with a standard based on reality before other ageing accountants like me think 'they have lost it'. My thanks to Matthew and David for allowing me to rest easy now, knowing I am not alone.