The US is moving to IFRS. Today, the burning questions have little to do with specific regulations or laws, but focus instead on the challenges of converting a corporate reporting system from GAAP to IFRS. IFRS Conversion offers insights on what to plan for—and what to avoid. This dedicated reference book provides accounting, tax accounting, and tax professionals, with everything they need to know about conversion to IFRS for US-based companies or those registered with the SEC.
• Provides examples from IFRS projects outside the US that offer insights on what to plan for—and what to avoid
• Offers coverage of running IFRS and US GAAP in parallel
• Discusses IFRS implications for human resources
• Looks at financial risk management and internal controls
• Reveals how IFRS fits into enterprise program management
This comprehensive book helps companies assess the implications of conversion on their organization, its operating units, and business processes.
