2011 US IFRS outlook survey: Companies' thoughts on the best timing and methods for incorporating IFRS into the US financial reporting system
Corporate financial reporting in the US is in a period of change and uncertainty. In the thick of this change, we wanted to gather companies' views of what approaches to incorporating IFRS would best serve the interests of investors, preparers and other users of financial statements. To accomplish this, we conducted a survey of finance executives and other stakeholders. This paper summarizes the survey findings.