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INTERNATIONAL FINANCIAL REPORTING STANDARDS

LEARNING OBJECTIVES

images Describe how the changing world environment is leading to an increased focus on international financial reporting standards (IFRS).

images Explain some of the remaining differences between IFRS and U.S. GAAP.

images List some of the milestones that must be achieved before the SEC will require adoption of IFRS.

images Describe the SEC's work plan for incorporating IFRS into the financial reporting system for U.S. issuers.

images Describe three major joint convergence topics between the IFRS and FASB.

images List the steps that a non-U.S. company must follow to list its shares on a U.S. stock market.

images Explain the role of form 20-Ffiled with the Securities and ...

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