There are two dominant systems of accounting used by corporations around the world. In the U.S., companies use the generally accepted accounting principles, or GAAP, while international companies use ...

THERE IS A CLEAR TREND toward adopting IFRS as the single body of internationally accepted financial reporting standards. In the next few years, thousands of companies will move to IFRS as a primary ...

It's all but official that the Securities and Exchange Commission will keep us guessing well into 2012 what, if anything, it will decide about the adoption of International Financial Reporting ...