IFRS Considerations for the Technology IndustryPart of our IFRS Industry Series |
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Technology companies, by their very nature, are innovative, leading edge, adaptable, and quick to take notice of their competition — including any new arrivals on the scene. So, it is not a surprise that technology companies are keeping an eye on International Financial Reporting Standards (IFRS) and are likely to become prime candidates for early IFRS conversion.
This new publication, “ International Financial Reporting Standards Considerations for the Technology Industry,” provides practical industry insights for executives and addresses IFRS questions, such as:
- Why should technology companies care about IFRS?
- What are some of the significant differences between IFRS and U.S. Generally Accepted Accounting Principles (GAAP) for technology companies?
- How might IFRS impact the technology companies? And what are the accounting, tax, systems, and organizational implications of IFRS?
- Where should technology companies start? Which approach would work when it comes to IFRS?
- What lessons have been learned from the European experience?
Learn more about how to address IFRS in the technology industry by downloading the PDF below.
Related Content:
Resources: IFRS Resource Library
Overview: International Financial Reporting Standards
Overview: Technology
Resources: IFRS Industry Publications
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IFRS Considerations for the Technology Industry
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