Wednesday, March 10, 2010

US - IFRS perspectives: An executive survey

No matter how it takes shape, the transition to International Financial Reporting Standards (IFRS) in the US will dramatically impact companies in a number of ways. In addition, aside from ultimate conversion, convergence between US GAAP and IFRS continues in a number of areas requiring companies' attention. PricewaterhouseCoopers (PwC) recently polled executives at US-based multinational companies to gain their perspectives on International Financial Reporting Standards (IFRS). (Visit the PwC website and download the December 2009 publication IFRS perspectives: An executive survey.)