The right time to move for US investors and business
Original Webcast: November 27, 2007
Watch the Webcast replay
PwC believes that the transition to IFRS in the US is inevitable and companies should begin to prepare for the change soon.
The SEC is exploring whether US public companies should be allowed to prepare their financial statements using IFRS through its "Concepts Release on Allowing US Issuers To Prepare Financial Statements In Accordance With International Financial Reporting Standards". Not surprisingly, the implications of the introduction of IFRS are significant for domestic public companies and our capital markets.
Key discussion topics include:
Why the SEC is considering this change
Global influences driving the US toward IFRS
Market and PwC's perspectives on the move to IFRS
The themes of the responses to the SEC in the just completed comment letter period
Why we believe our perspective on moving the US to IFRS benefits both investors and companies