As International Financial Reporting Standards (IFRS) continue to gain acceptance around the world, more U.S. companies are inquiring about what IFRS mean for them. Here is a collection of Deloitte IFRS materials and resources that further explores the many aspects of this evolving issue. Deloitte is committed to providing the latest information and support on IFRS for companies, schools and the finance profession.
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Publications
Our professionals provide the latest information on IFRS.
Buckle Up (On the Road to IFRS) New
The 11th book in our “Straight Talk” series helps executives understand the implications of IFRS and their role in addressing the associated changes. The publication also offers practical suggestions to help companies navigate through these important issues.
IFRS Considerations for the Technology Industry New
This new publication, “International Financial Reporting Standards Considerations for the Technology Industry,” provides practical industry insights for executives and addresses IFRS questions.
M&A Insights: The Move to IFRS
This M&A Insights issue, “The Move to IFRS — What Buyers (and Sellers) Should Know” discusses key differences and implications between the standards with respect to structuring and modeling of deals for both corporate and financial investors.
International Financial Reporting Standards: Considerations for the Retail Industry New
As acceptance of International Financial Reporting Standards (IFRS) in the United States becomes imminent, more retail companies are asking what IFRS means for them. How does IFRS affect my company? What events would influence my company’s pace of IFRS adoption? What obstacles might we need to consider?
IFRS Considerations for the Automotive Industry New
Automotive executives may be asking: How will IFRS impact my company and industry? What triggering events would compel us to move more quickly to adopt IFRS? What obstacles might stand in our way?
IFRS in the Aerospace & Defense (A&D) Industry New
A&D companies are reaching beyond their domestic markets to become true global companies with customers, manufacturing, suppliers, strategic alliances and joint ventures around the world. With globalization, more A&D executives are facing questions about IFRS and considering how to respond effectively.
IFRS Considerations for the Oil and Gas Industry New
As acceptance of IFRS in the United States becomes imminent, more oil and gas companies are asking questions about what IFRS mean for them. This publication provides practical insights on IFRS for the oil and gas industry.
IFRS in Real Estate
This publication, “IFRS in Real Estate: More Than Just Accounting and Reporting,” provides practical industry insights on IFRS for real estate executives.
The IFRS Journey in Insurance
By taking a proactive approach to understanding the impact of IFRS implementation on key business strategies, insurers can avoid the risk of being unprepared for the industrywide shift while seizing on emerging opportunities for differentiation from competition.
Global Tax Implications of International Financial Reporting Standards
This new publication discusses global tax planning issues related to IFRS that multinationals should consider now.
IFRS for U.S. Companies
This publication provides an overview of key IFRS considerations, includes practical steps for U.S. executives and addresses key questions for U.S. companies.
Business Combinations and Changes in Ownership Interests
This is a new publication — Business Combinations and Changes in Ownership Interests: A Guide to the Revised IFRS 3 and International Accounting Standard (IAS) 27.
IFRS and Tax Implications
In the new report "International Financial Reporting Standards for U.S. Companies – Tax implications of an accelerating global trend," Deloitte discusses the tax accounting, planning and operational aspects of IFRS.
International Financial Reporting Standards for U.S. Companies
This straightforward publication cuts through the hype and confusion around IFRS and addresses key questions for U.S. companies.
2008 IFRS Survey: Where Are We Today?
Given the impending move to IFRS in the United States, Deloitte surveyed U.S.-company senior finance professionals about the global standards.
IFRS in Your Pocket 2008
This guide can help you understand IFRS and how they are being adopted around the world.
Comparisons of IFRS and National GAAP
This guide sets out some of the key differences between IFRS and U.S. Generally Accepted Accounting Principles (GAAP).
Deloitte Comment Letter: SEC Concept Release on U.S. Issuers and IFRS
Deloitte comments on the concept release, Allowing U.S. Issuers to Prepare Financial Statements in Accordance with International Financial Reporting Standards, issued by the Securities and Exchange Commission (SEC).
IFRS: The Statutory Reporting Opportunity
IFRS have replaced local GAAP for statutory reporting in many countries. Most countries have adopted IFRS either fully, partially or optionally. As it stands, IFRS are more complex and restrictive than local GAAP used to be. This presents new risks and significant opportunities for multinational corporations.
Deloitte Guide to IFRS 1: First-Time Adoption of IFRS
This guide to IFRS 1 deals with first-time adoption issues related to the stable platform IFRS, with focus on 2005 adopters.
Deloitte Guide to IFRS 2: Share-Based Payment
This guide explains the detailed provisions of IFRS 2. It also deals with their application in many practical situations.
Deloitte Guide to IFRS 5: Assets Held for Sale and Discontinued Operations
This guide provides detailed summaries and explanations of the requirements of IFRS 5. It also includes supplementary guidance and examples based on Deloitte's experience with the standards.
Interim Financial Reporting: A Guide to IAS 34
This guide prescribes the minimum content for an interim financial report, and the principles for recognition and measurement in complete and condensed financial statements for an interim period.
More: Publications
IFRS Tools
Our tools will guide U.S. companies with adapting to IFRS.
IFRS Model Financial Statements
These model financial statements for the year ending December 31, 2007, illustrate the application of the presentation and disclosure requirements of IFRS by an entity that is not a first-time adopter of IFRS. They also contain additional disclosures that are considered to be leading practices, particularly where such disclosures are included in illustrative examples provided with a specific standard.
IAS 1 (Revised 2007) Compliance Checklist
This checklist addresses IAS 1 Presentation of Financial Statements (revised 2007).
IFRS Compliance Questionnaire for 2007
This questionnaire addresses the measurement and recognition requirements of IFRS at issue on August 31, 2007.
IFRS Presentation and Disclosure Checklist for 2007
This checklist is intended to aid the user in determining if the presentation and disclosure requirements of IFRS have been met.
Newsletters
Our newsletters report the latest news and alerts related to IFRS. Read our newsletters.
IFRS Insights Archive
IFRS Insights is a newsletter on IFRS for chief financial officers (CFOs) and financial professionals of U.S. companies. This new publication covers a spectrum of key issues related to IFRS and includes: news on the latest developments on IFRS, practical suggestions for companies addressing IFRS, updates on the regulatory environment and references to relevant tools and resources.
Each issue of IFRS Insights draws on news and perspectives from our network of experienced IFRS professionals.
IAS Plus Newsletter Archive
The IAS Plus Newsletter reviews the activities of the International Accounting Standards Board (IASB), the
International Financial Reporting Interpretations Committee (IFRIC) and the International Accounting Standards Committee (IASC) Foundation Trustees during the preceding quarter, including summaries of recent Standards and Interpretations and proposals. The newsletter also reports on worldwide issues and events relating to international financial reporting, including new adoptions of IFRS.
Global IFRS and Offerings Services (GIOS) Newsletter Archive
The GIOS Newsletter reports recent developments in U.S. GAAP and IFRS Accounting and the SEC that are of interest to non-U.S. companies.
Press
Stay abreast of the latest developments in IFRS.
Deloitte Helps Academic Community Prepare Students for Sweeping Changes to U.S. Accounting Profession
Deloitte announced that it is forming an IFRS University Consortium, through which it will contribute its time, experience and resources as an investment in education to address the urgent need to help bring IFRS curricula into college classrooms.
More: Visit our Press Room.
Press Contact: Dan Mucisko, phone: +1 973 683 6063, e-mail: dmucisko@deloitte.com.
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Sign Up for IAS Plus Newsletters and Alerts
Deloitte publishes a quarterly IAS Plus Newsletter with 20–30 pages of the latest news about the IASB, IFRS and international financial reporting generally. We also publish special editions of the newsletter summarizing key IASB and IFRIC proposals and pronouncements.
Dbriefs Webcasts
Dbriefs Webcasts feature our professionals discussing critical issues that affect your business.
Podcasts
Deloitte Insights is a weekly audio business news podcast that delves into the business strategies that address the issues affecting your industry.
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