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Your source for IFRS guidance
The Coming Convergence
The growing acceptance of International Financial Reporting Standards (IFRS) as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession.Developed by the American Institute of CPAs, IFRS.com provides comprehensive resources for accounting professionals, auditors, financial managers and other users of financial statements.
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December 08-10, 2008 | Washington, DC
Obtain comprehensive SEC and PCAOB updates directly from the regulators. Hear from Christopher Cox, SEC Chairman, Mark Olson, PCAOB Chairman, Sir David Tweedie, IASB Chairman, and Robert Herz, FASB Chairman.
IFRS News and Updates
 SEC Unanimously Approves Proposed IFRS RoadmapIn what all of its members agreed was a significant decision, the Securities and Exchange Commission today unanimously agreed to a series of steps that could lead to the required use of IFRS by U.S. issuers by 2014. | |
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AICPA Statement on SEC Roadmap for IFRSThe Securities and Exchange Commission’s roadmap for the adoption of International Financial Reporting Standards (IFRS) marks an important stage in what the American Institute of Certified Public Accountants believes will be the eventual move from U.S. Generally Accepted Accounting Principles to international accounting standards for public companies. | |
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SEC Chairman Cox Says Subprime Market Crisis a "Stress Test" for GAAP, IFRSSecurities and Exchange Commission Chairman Christopher Cox kicked off a discussion on financial reporting Monday Aug. 4, 2008 saying the subprime mortgage crisis provided "a critical stress test" for U.S. generally accepted accounting principles and International Financial Reporting Standards. | |
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IASCF Issues IASB Governance Restructuring ProposalThe International Accounting Standards Committee Foundation, the governing body of the London-based International Accounting Standards Board, issued a proposal to broaden the board’s membership and establish a new international regulatory and institutional panel to monitor development of global accounting standards. | |
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See other IFRS News Stories | |
International Financial Reporting Standards (IFRS) - A Backgrounder
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The American Institute of Certified Public Accountants (AICPA) has recently issued a background document on International Financial Reporting Standards (IFRS). Read a brief overview by clicking on the links below – • Get Ready for IFRS |
IFRS Primer for Audit Committees
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The globalization of business and finance has led more than 12,000 companies in almost a hundred countries to adopt IFRS.
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- Roadmap for Potential Use of IFRS
- Chair Christopher Cox discusses the SEC’s proposed roadmap for a possible transition to IFRS for U.S. issuers in 2014.
More Videos
Bob Bunting Interview- Deputy Chair of IFAC, Bob Bunting, CPA, offers an overview of IFRS and what it means to the United States.
SEC Chair, Christopher Cox- SEC Chair, Christopher Cox discusses the importance of IFRS to a meeting of the International Federation of Accountants.
Who Issues IFRS?
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International Financial Reporting Standards (IFRS) is a set of accounting standards, developed by the International Accounting Standards Board (IASB), that is becoming the global standard for the preparation of public company financial statements.The IASB is an independent accounting standards body, based in London, that is unaffiliated with the AICPA, CPA2Biz or this website.
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