Top Five Questions for Academic Institutions
Deloitte, in our desire to help the academic community incorporate International Financial Reporting Standards (IFRS) education into college classrooms, prepared this Q&A document to provide general information about IFRS and its current status and development. This Q&A was performed with D.J. Gannon, a Deloitte & Touche partner specializing in international accounting and financial reporting as well as global regulatory and professional issues. His responsibilities include consulting on matters involving International Financial Reporting Standards (IFRS) and working with Securities and Exchange Commission (SEC) registrants that are foreign private issuers. D.J. chairs the American Institute of Certified Public Accountants' (AICPA's) International Practices Task Force and the AICPA Accounting Standards Executive Committee's Short-Term International Convergence Task Force.