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What is IFRS?

International Financial Reporting Standards (IFRS) is a set of accounting standards that is becoming the global standard for financial statement reporting. The SEC has issued for public comment a conversion timeline with mandatory adoption for public companies to begin in 2014

My company is non-public…why should I evaluate converting to IFRS?

Your competitors and other companies in your industry could be reporting under IFRS. Understanding of IFRS will be crucial in comparing their results to your company as well as to understand their financial position and historical performance.

The earlier a Company starts the process of evaluation….the better.

We make it our top priority to provide our clients with customized, practical solutions to help them run their business competitively and effectively. As your company enters the evaluation process, we can assist in answering the following questions:

  • What are the key differences between US GAAP and IFRS for my company? ƒ
  • How will the change in accounting policies impact your debt covenant and other metric calculations? ƒ
  • What are the advantages and disadvantages of converting to IFRS?

You have financial reporting needs needs…we have the expertise to help!

Contact us today and get started NOW!

For more information, contact Hanne LeLoup at hleloup@hbllp.com

What our clients say about us:

“... Hanne has consistently demonstrated a high level of client service and is a highly recommendable professional.”

Fabrice Levy, CFO, Kyriba, Inc

“… competent and thorough … ability to see the big picture while keeping track of an immense amount of detail. … able to strike a good balance between nailing down the details and assessing what really matters and what is material. … a great person to work with.”
Annette Friskopp, CFO, X-Digital, Inc.

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