Tuesday, April 14, 2009
Deloitte (US) IFRS survey - March 2009
Deloitte (United States) has made available the results of a March 2009 IFRS survey. The survey gathered information about how companies perceive the Securities and Exchange Commission's (SEC) proposed IFRS roadmap and how companies are approaching IFRS, in light of regulatory uncertainty. According to the survey, 75% of respondents supported or strongly supported moving toward a single set of high-quality accounting standards, such as IFRS and 62% agreed or strongly agreed that the SEC should establish a date for requiring US companies to use IFRS. Nonetheless, 64% stated that no budget has yet been allocated for IFRS conversion. (Read the Deloitte 2009 IFRS Survey Results.)