US - Getting to IFRS: Those who have been there have plenty of advice

When asked for their advice on how companies should be preparing for the possibility of mandated IFRS adoption in the United States, the three international financial executives kept returning to a few common themes: start now, treat it as an opportunity and make sure your entire organization is invested in the change. The executives made their remarks at the "Preparers' Perspectives" panel at the AICPA/IASC Foundation Conference on International Financial Reporting Standards (IFRS) held in New York City. (Read the article Getting to IFRS: Those Who Have Been There Have Plenty of Advice at IFRS.com)