XBRL Blog Magazine

Given the impending move to IFRSs (International Financial Reporting Standards) in the United States, Deloitte surveyed senior finance professionals of U.S. companies on IFRS issues. The primary goal of the survey was to ascertain U.S. companies’ level of awareness about and interest in IFRSs. This report presents the survey results and analysis, addressing a variety of IFRS topics, including:

• Companies that would consider adopting IFRSs for U.S. reporting purposes, if given the choice by the SEC
• The expected IFRS adoption date by U.S. issuers in general
• The timeframe of potential IFRS adoption
• Overall familiarity with IFRSs and general visibility over local or statutory reporting
• Potential obstacles to IFRS adoption.

You can download the publication from here.

D.J. Gannon and Alfred Popken are available to discuss the survey results and the potential implications for U.S. and non-U.S. based companies. Please contact Daniel Mucisko at 212-492-2870 or dmucisko@deloitte.com to schedule an interview.

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