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Costs of IFRS conversion
in Sox First, on March 31, 2009
...id a blog entry on how the plans for the US to adopt International Financial Reporting Standards (IFRS) had slammed into reverse. The market meltdown has created widespread opposition to the move. ...
New directions on the IFRS roadmap
in Sox First, on March 25, 2009
...ited States would adopt the global accounting rules of International Financial Reporting Standards (IFRS). In that interview he said it was inevitable and that "we are 80% there." That's...
Interview with Warren McGregor, IASB board member
in Sox First, on March 11, 2009
...s not require the embedded derivative to be separated and accounted for at fair value whereas under IFRS, it requires the embedded derivative to be separated and accounted for at fair value. SOX FIR...
Closing the GAAP
in Sox First, on August 28, 2008
...sing a road map that would have US companies using International Financial Reporting Standards ( ifrs ) six years from now. Indeed, CFO.com's Sarah Johnson and Marie Leone suggest it migh...
Accountants lost with standards and XBRL
in Sox First, on May 18, 2008
... of accountants have no experience dealing with International Financial Reporting Standards (IFRS). That's despite the push to have companies right around the world, including those in th...
Convergence confusion
in Sox First, on October 27, 2007
...55.6 per cent opposed having all US firms using International Financial Reporting Standards (IFRS) in financial statements filed with the SEC instead of US Generally Accepted Accounting Princip...
Getting rid of GAAP?
in Sox First, on October 2, 2007
... of rules. It will definitely be more efficient as the International Financial Reporting Standards (IFRS) are much more streamlined than the US Generally Accepted Accounting Principles (GAAP). "...
More choice in accounting rules = more games?
in Sox First, on April 30, 2007
...rovide companies more choice on whether to go with the International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles (GAAP), raises a number of questions. The SEC say...
Interview with Jim Turley, Ernst & Young global chairman and CEO
in Sox First, on August 25, 2006
Just had a chance to catch up with Jim Turley, the global chief of accounting giant Ernst & young . Here's what he had to say about Sarbanes-Oxley, compliance, remuneration for beancounters, the accounting profession itself and international accounting standards.
Bosses baffled by accounting standards
in Sox First, on July 18, 2006
...eport by PricewaterhouseCoopers. The so-called International Financial Reporting Standards (IFRS) seems to be causing some pain for little gain....
Harvey Pitt - How to Fix Sarbanes-Oxley
in Sox First, on April 17, 2006
...uirements as it does with regard to accounting principles. The SEC now allows such companies to use IFRS -- international accounting principles -- instead of U.S. Generally Accepted Accounting Princip...
Triumph of the beancounters
in Sox First, on December 4, 2005
...ring piece in the Sunday Times about how much accountants are cleaning up from Sarbanes-Oxley and IFRS (International Financial Reporting Standards). Audit fees of the Big Four - Pricewaterho...



