Manufacturing Industry
INVESTEC PLC - IFRS Statement.
PR Newswire UK Disclose, September, 2005
Investec plc and Investec Limited ("Investec" or "the group")
21 September 2005
Transition to International Financial Reporting Standards
Investec is hosting an investor briefing today starting at 09:00 (GMT) which
will focus on the key impacts resulting from the adoption of International
Financial Reporting Standards (IFRS).
From 1 April 2005 the group is required to prepare its consolidated results
(comprising the results of Investec plc and Investec Limited) in accordance
with IFRS. Previously these were prepared in accordance with UK Generally
Accepted Accounting Practice (UK GAAP). The first set of IFRS compliant
financial statements that will be prepared by the group will be for the year
ending 31 March 2006.
The group's transition to IFRS has been...
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