The movement toward International Financial Reporting Standards (IFRS) as a single set of globally accepted accounting standards is quickly gathering momentum. IFRS is rapidly gaining acceptance around the world, spurring U.S. companies to assess the potential implications of adopting the standards. 

To address questions around IFRS, Deloitte & Touche LLP has released the publication “International Financial Reporting Standards for U.S. Companies: Implications of an accelerating global trend.” This straightforward publication cuts through the hype and confusion around IFRS and addresses key questions for U.S. companies, including:

• What is IFRS and why are many companies considering IFRS?
• What are the potential benefits and challenges associated with IFRS?
• What should U.S. companies consider or do?

Download the PDF of the publication to learn more.

Related Content:
Overview: International Financial Reporting Standards (IFRS)