here comes ifrs

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Here Comes IFRS, a Whole New Accounting System

Here Comes IFRS, a Whole New Accounting SystemHere Comes the IFRSLike it or not we are in a global economy and if US companies are going to compete overseas and file taxes and disclose financial data they are going to have to use IFRS. If the SEC (read also...

Tags: Free trade, International Financial Reporting Standards, Here Comes IFRS, accounting system, accounting

Discussion threads 2008-04-09

Additional Resources

Accounting without borders: has its time come? There's a lot more to International Financial Reporting Standards than simply accounting. As multinationals file in IFRS around the world and U.S. companies consider IFRS for the U.S., every aspect of the business will be affected. Here's what three leading global companies are thinking--and doing.(FINANCIAL REPORTING)

What do companies as diverse as IBM Corp., Credit Suisse Group and Intel Corp. have in common? While all of these three leading companies file their financials according to U.S. generally accepted accounting principles GAAP as their primary filing choice, they are also significantly impacted by...

Articles 2007-09-01

Notes from the COO

One size does not fit all when it comes to GAAP As Canada plans to move toward international accounting standards, the question of what to do with GAAP for private companies is once again at the forefront of discussions-both internationally and here in Canada. In mid-February,...

Articles 2007-04-01

Charts and plates: air charts is top value: although we're all agog about electronic charting, the truth is that the market still prefers paper. Jeppesen's are the nicest, but Air Charts offers the top value.(COCKPIT NECESSITIES)(Product/service evaluation)

The electronic age is here, but not everyone is embracing it yet, especially when it comes choosing between paper and electronic IFR charts and plates. Four out of every five pilots still prefer paper for aeronautical charting, even though paper charts are heavy and tablet computers...

Articles 2007-02-01

Energy Analysis

SUE HERERA, CNBC ANCHOR: As of Friday, crude supplies from the Gulf were 77 percent of normal, 1.5 million output, and some of the U.S. refineries, though slowly recovering, remain offline after the back-to-back storms that we saw. But oil and gas prices have come...

Articles 2005-10-10

Companies remain reluctant to shift to global standards. (Assurance: technical developments, professional issues and engagement changes).

LONDON -- Ready or not, here they come: international financial reporting standards. As of 2005, public companies trading in the European Union and Australia will need to present financial reports prepared under IFRS. The big change begins in less than two years, yet most companies, even in Europe, aren't preparing...

Articles 2003-05-05