The Path to IFRS: Considerations for the Shipping IndustryPart of our IFRS Industry Series |
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As acceptance of International Financial Reporting Standards (IFRS) in the United States becomes imminent, more shipping companies are now asking questions about what IFRS means for them. How will IFRS affect my company? What triggering events would compel us to move more quickly to adopt IFRS? What obstacles might stand in our way? These issues are addressed in “The Path to IFRS: Considerations for the Shipping Industry,” a publication in our IFRS industry series.
This publication provides practical and useful industry insights on IFRS, which include:
- Understanding the implications of IFRS for the shipping industry
- A business case for IFRS
- Key accounting differences between IFRS and U.S. Generally Accepted Accounting Principles (GAAP) for the shipping industry
- Evaluating approaches to IFRS conversion
- Developing an IFRS road map
- IFRS lessons from the European experience
- Key action steps for shipping industry executives
Learn more about how to address IFRS in the shipping industry by downloading the publication below.
To learn more about IFRS, GAAP vs. IFRS, international accounting developments and financial services, visit
www.deloitte.com/us/IFRS
.
Related Content:
Overview:
International Financial Reporting Standards
Resources:
IFRS Resource Library
Resources:
IFRS Industry Publications
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The Path to IFRS: Considerations for the Shipping Industry
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