Wednesday, September 16, 2009

US - Deloitte IFRS Survey Results 2009

According to a recent survey by Deloitte, 89% of financial executives view mandatory conversion to International Financial Reporting Standards (IFRS) in the United States as either highly likely or somewhat likely. The July 2009 survey of more than 245 financial executives found that 59% view mandatory conversion as highly likely. In addition, 80% of the respondents are currently taking action or planning to take action on IFRS conversion. (Read the Deloitte IFRS Survey Results 2009. )