IFRS – A Sheep in Wolf’s Clothing?
Monday, April 19th, 2010 by Tax 2.0There is a general feeling of consternation in the US accounting sphere with regard to the shift from US GAAP to IFRS accounting standards.
There’s little doubt that this shift will force a new way of thinking for many tax departments, but perhaps there are new opportunities along with these new challenges.
Robert Kugel of Ventana Research explores how the US GAAP to IFRS shift will bring the accounting and tax functions into a new realm of technological parity with other corporate entities and provide sound benefits for organizations that are forward-thinking enough to view this shift as an opportunity instead of an obstacle.
Read the full article on Sourcingmag.com and be sure to answer Tax 2.0’s Quick Poll below.
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