IFRS Conversion: Process, People, Controls, Governance And Technology Implications
Source: Deloitte Development
As U.S. companies prepare for the migration to the International Financial Reporting Standards (IFRS) in the next few years, now is the time to start looking at how this shift will impact all areas of business. IFRS applies to companies throughout the more than 100 countries that have already adopted IFRS. It can apply to both public and private companies.