sponsored by Deloitte
Posted:  04 Sep 2009
Published:  03 Sep 2009
Format:  PDF
Length:  22  Page(s)
Type:  White Paper
Language:  English
ABSTRACT:
As acceptance of International Financial Reporting Standards (IFRS) in the United States becomes imminent, more banks and capital markets institutions are asking key questions: How does IFRS affect my institution? What events would influence my institution's pace of IFRS adoption? What obstacles might we need to consider? "The Path to IFRS Conversion: Considerations for the Banking and Capital Markets Industry" addresses these issues and includes useful sections on: Understanding the implications of IFRS for the banking and capital markets industry for accounting and finance, systems and tax; reviewing key differences between IFRS and U.S. Generally Accepted Accounting Principles (GAAP); Evaluating approaches to IFRS conversion; Developing an IFRS road map; IFRS lessons from the European experience.





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