Storage Technology Research Library

As acceptance of International Financial Reporting Standards (IFRS) 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? "The Path to IFRS Conversion: Considerations for the Banking and Capital Markets Industry" addresses 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.