Many US companies assume IFRS isn’t relevant to them — until the potential for a cross-border deal emerges.
Sooner or later, the time will come when your organization thinks about switching to International Financial Reporting Standards (IFRS) from GAAP. With that in mind, it is more important than ever to ensure that you are equipped with the skills and knowledge to be able to lead your organization in the changes.
Converting to IFRS is a significant finance transformational event for a company and may be prompted by any of the reasons. The long-term effects on a company go beyond accounting and if planned right can improve various aspects of the organization.
While most financial professionals understand the basic philosophy of IFRS, many are unsure exactly how to convert the various parts of the of the financial statements.
This online CPE Virtual Conference will concentrate on the entire balance sheet, line by line, and will examine what changes will need to be made, and what will be the consequences of these changes for the company now and into the future. This event was originally published here