IFRS and Privately Held Companies (Dec. 2008)

Although privately held companies are not subject to the SEC requirements, they face the choice not only between IFRS and U.S. GAAP, but between full IFRS and IFRS for Private Entities. This white paper, developed in partnership with the Financial Executives Research Foundation, outlines how both sets of standards can affect privately held companies, as well as the benefits and barriers to...