1. GAAP IFRS: Whichstandards to chooseOctober 28, 2009 2. The Journey to Today yyAccounting Standards Board (AcSB) issued Strategic Plan in 2006 Significant changes in the…
Slide 1 Slide 2 By Bill Conner Slide 3 The world economy is global now, and so there is a need for global accounting rules. 40 % of the Fortune 500 use International Financial…
A highlight of the differences WHY SEPARATE STANDARD FOR SMEs? Differences in the types and needs of users of SMEâs financial statements Significant cost of applying full…
Slide 1 Implications of IFRS By Dr. Martin Ikpehai [email protected] 0803 306 7208 [email protected] Slide 2 Agenda What is IFRS? Benefits of IFRS Conversion…
Slide 1 Adoption of IFRS Slide 2 Academic Resource Center Adoption of IFRS Page 2 Executive summary ► IFRS 1 applies to first-time adoptions of IFRS. A first-time adoption…