Today, more than 100 countries require, permit or are converging to International Financial Reporting Standards (IFRS). Will this wave of change hit the US? Will SEC-registered investment funds be included?
In this podcast, PricewaterhouseCoopers partners Tom Romeo and Marie Kling discuss the likelihood of this change occurring and the impact that a conversion to IFRS could have on SEC-registered investment funds. Tom and Marie highlight some of the significant accounting differences between US GAAP and IFRS. They also provide suggestions on how to prepare for such a conversion.
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Tom Romeo Assurance partner |
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Marie Kling National Professional Services Group partner |