International Financial Reporting Standards: Considerations for the Retail Industry
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? These issues and more are addressed in Deloitte's new white paper "International Financial Reporting Standards: Considerations for the Retail Industry."
This paper provides practical industry insights on IFRS and includes useful sections on:
- Key differences between IFRS and U.S. Generally Accepted Accounting Principles for retail companies
- The potential implications of IFRS with regard to accounting and finance, systems and tax
- Evaluating approaches to IFRS conversion
- Developing an IFRS road map
Learn more about how to address IFRS in the retail industry by downloading the publication below.