accountAlthough privately held companies are not subject to the SEC requirements, they face the choice not only between IFRS...
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INT'L FINANCIAL REPORTING STDS
International Financial Reporting Standards, which are issued by the International Accounting Standards Board, provide the framework for financial reporting in many countries. In the United States, the SEC is considering allowing U.S. issuers to prepare financial statements in accordance with IFRS. Will the adoption of principles-based IFRS enhance the transparency of financial information? Will the benefits to investors exceed the transition costs for companies?
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With estimates that International Financial Reporting Standards (IFRS) could become more pervasive or even required as...
Top Sources: Int'l Financial Reporting Stds
- grantthornton.com
- sec.gov
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