Bookmark and Share  Print

IFRS Implementation

Over the next several years, the convergence of U.S. Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS) will be an evolving process. PKF Texas has established an IFRS implementation team to monitor the latest trade articles and news releases by the SEC and other regulatory agencies. We are committed to providing our clients and friends with the most up-to-date information available and will communicate that information as we receive it.

The SEC recently announced its proposed roadmap for the eventual conversion of U.S. publicly traded companies from GAAP to IFRS. Given the changes that will take place, the switch will entail much more than changes to the respective company's financial statements. It will change the level and detail of the information which will need to flow between subsidiaries, departments, divisions, etc. and information systems will need to be modified accordingly.

 

Resource Links

Related Content

Business Valuation Business Valuation

Our valuation consultants can help you properly quantify and articulate your business value for taxation, transaction, financing, litigation and strategic management purposes.

International Desk International Desk

Our diverse team of international players, who speak more than 20 languages, are committed to helping your business succeed in the global marketplace. We do business where you do.

Business Tax Solutions Business Tax Solutions

Business tax issues can become complex - especially when faced with legislative changes. We follow changes in legislation and work to make you aware of how they may affect your business.

Powered by ContentActive

 
Request Personal Contact

We will never disclose your information to a third party.

*Required


     CAPTCHA Generator
Or Call Us Now (713) 860-1400