IFRS and audit committees in the United States

Deloitte & Touche LLP (US) has issued the fourth quarter 2007 edition of Audit Committee Brief. It includes questions an audit committee might ask concerning International Financial Reporting Standards (IFRS). The firm will also conduct a Dbriefs Webcast on International Financial Reporting Standards: Strategies For Adopting a Single Set of Standards on February 20, 2008. The webcast will discuss: key strategies for dealing with the movement toward IFRS; risks and opportunities of converting to IFRS at the subsidiary-entity level; and efficient methods for making the transition to IFRS.