IFRS: a common language for investors worldwide 

With the publication of a proposed roadmap for implementing International Financial Reporting Standards in the United States, the world moves closer to a global financial reporting framework.

"As today’s financial environment demonstrates very clearly, markets are becoming borderless and investors’ interests would be served with a global financial reporting framework established by an independent standard-setting body that uses a rigorous and transparent due process," says Tim Flynn, chairman of KPMG International. "We continue to believe that IFRS has the potential to become a much-needed common language for investors worldwide."

 

As you will learn in the articles and publications that follow, the challenges and opportunities posed by implementing IFRS are vast and affect organizations well beyond accounting and financial reporting issues.

IFRS Conversion Services

Find out more about KPMG's IFRS Conversion Services.

 

IFRS Conversion Services offers our firms’ clients:

  • a standardized, cost-efficient approach that is both flexible and adaptable
  • an internationally developed, practice-tested method
  • useful tools tailored for IFRS implementation.

To obtain printed versions of the available IFRS publications please email
People in a meeting
Comment from KPMG International Chairman on SEC’s IFRS roadmap
Tim Flynn congratulates the U.S. Securities and Exchange Commission on the publication of a roadmap for the transition to international financial reporting standards.
IFRS — practical issues
IFRS — practical issues: accounting strategies for the media and publishing industries
IFRS — practical issues addresses issues in the media and publishing industries by posing questions that are likely to arise in the process of applying IFRS, and answering them by referencing the appropriate international financial reporting standards.
Practical aspects of IFRS and German GAAP
Practical aspects of IFRS and German GAAP
This report looks at reporting in the automotive industry; it discusses IFRS in an automotive context, and compares it to the local GAAP of Germany.

© 2012 KPMG IFRG Limited is a UK company, limited by guarantee. All rights reserved. KPMG IFRG Limited, registered in England No 5253019. Registered office: Tricor Suite, 7th Floor, 52-54 Gracechurch Street, London, EC3V 0EH