As acceptance of IFRSs in the United States becomes imminent, more banks and capital markets institutions are asking key questions: How does IFRS affect my institution? What events would influence my institution's pace of IFRS adoption? What obstacles might we need to consider?
these issues and includes useful sections on:
- -Understanding the implications of IFRS for the banking and capital markets industry for accounting and finance, systems and tax
- - Reviewing key differences between IFRS and U.S. Generally Accepted Accounting Principles (GAAP)
- Evaluating approaches to IFRS conversion
- - Developing an IFRS road map
- -IFRS lessons from the European experience