How IFRS is affecting accounting education

For those charged with educating the next generation of accountants, the expected shift from US GAAP to International Financial Reporting Standards (IFRS) stirs up a host of potentially thorny issues. Professors and college administrators are dealing with questions about the timing of the curriculum expansion and the resources needed to handle IFRS. They are examining how to reconfigure course work to make room for international standards. (Read the article On the Verge of an Academic Revolution.)