IFRS (International Financial Reporting Standards)
(International Financial Reporting Standards)
There will likely be more changes in financial reporting regulations and standards over the next two to three years than businesses have previously experienced in the past two or three decades as U.S. securities regulators move toward the convergence of U.S. GAAP with IFRS.
The impact of adopting International Financial Reporting Standards (IFRS) goes beyond the choice of a uniform accounting language. It challenges companies with the requirements of a global method of financial reporting.
In addition to providing audit and business assurance services to Canadian and other IFRS filers, dm-t assists companies with their efforts to meet IFRS requirements, including the preparation of financial statements and regulatory filings and the application and implementation of complex IFRS accounting standards.
Our team has invested the time and training to prepare for the transition those U.S. companies will inevitably face.
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