U.S. GAAP AND IFRS: WHAT YOU NEED TO KNOW NOW TO PREPARE FOR THE CHANGES AHEAD

The Securities and Exchange Commission recently announced its proposed roadmap to the adoption of IFRS by U.S. issuers within the next 6 years. The adoption of a single set of high quality accounting standards is becoming more likely as the world's capital markets become increasingly more intertwined. Accounting and financial professionals now need to familiarize themselves with IFRS to understand the potential impact of this conversion from U.S. GAAP to IFRS.

Thomson Reuters offers you a host of research options to allow you to meet the challenges of these new accounting standards. Choose the research and guidance or training solution that suits your needs best.

WG&L's U.S. GAAP and IFRS: A Comparative Analysis -- Evaluate the potential impact of converting from U.S. GAAP to IFRS (International Financial Reporting Standards) with this new deskbook, available in print and on Checkpoint®.

International Accounting and Financial Reporting -- Features comprehensive analysis and guidance of International Financial Reporting Standards (IFRS) and their application in practice from a U.S. perspective. Includes more than 200 significant differences between IFRS and GAAP and provides over 150 computational examples illustrating compliance with IFRS.

International Accounting Standards on Checkpoint® -- Complete, current library of standards issued by the International Accounting Standards Board fully linked to comprehensive, expert analysis on Checkpoint®.

Accounting & Compliance Alert: Public Company Financial Management Update -- State-of-the-art daily news bureau from the Tax & Accounting business of Thomson Reuters that will keep you fully informed about critical public company financial management issues including breaking news from standard-setting agencies and organizations, including the SEC, NYSE, NASD, AICPA, PCAOB, FASB, IASB and the IRS, as well as the latest legislative and industry news.

For more information on any of these products, call 800.950.1216.

New IFRS CPE Training Available!

What You Need to Know Now About the International Accounting Standards: An IFRS Overview
Co-sponsored by AuditWatch and PPC

The AuditWatch and PPC editorial groups have teamed together to bring you this one-day seminar that gives you an overview of what you need to know now about the International Accounting Standards. Major topics include: historical perspective of IFRS and the current environment; what other countries have done, are doing and when; principles-based vs. rules-based standards; IFRS-related opportunities and obstacles; comparing U.S. GAAP and IFRS in selected areas; and IFRS for private entities. Discussion will also include: profession-wide transition issues including convergence vs. conversion; firm and client transition issues including initial adoption of IFRS, human capital, information systems and other infrastructure; and action planning and next steps.

Chicago, IL | November 19, 2009
San Francisco, CA | October 12, 2009
Call Beckie Reilly at 800.775.9866 to schedule today!

Introduction to International Financial Reporting Standards presented by MicroMash
This course provides an overview of International Financial Reporting Standards (IFRSs), including use of the standards, the standard-setting structure and process, implementation and application issues, and the International Accounting Standards Board (IASB) basic accounting framework. You will learn the reasons for the movement towards IFRS, including the significant events that have enhanced the credibility and use of IFRS. The course will also discuss the impact of IFRS on U.S. companies and summarize the issues related to first-time adoption of IFRS.

IFRS and Convergence with US GAAP from In-House on Demand
This course will explore the future of accounting standard-setting given recent developments that are accelerating the timetable for full-scale U.S. adoption of international standards. An examination of the course of the profession and a discussion of the practical implications for practitioners. Each course includes 60-75 minute DVD, instructor’s guide, and participation materials. Purchase 4 or more titles and get 25% off!
To place your order call: 800.231.1860.

The Globalization of Accoutning: IFRS vs. GAAP from PPC
This course discusses the nature and role of the IASB and the IASC and theire respective pronouncements. It includes the most recent IFRS, presenting a summary of the IFRS and comparison of each IFRS with GAAP. This course is a must for those who now require International Financial Reporting Standards as well as those who may be considering IFRS.

Related Guidance:
WG&L's U.S. GAAP and IFRS: A Comparative Analysis
Evaluate the potential impact on of converting from U.S. GAAP to IFRS (International Financial Reporting Standards) with this new analysis, available in print and on Checkpoint®.

WG&L's International Accounting & Reporting Standards
Provides comprehensive discussions and analysis of International Financial Reporting Standards (IFRS) and their application in practice from a U.S. perspective.

International Accounting Standards on Checkpoint®
Access the International Financial Reporting Standards and the International Accounting Standards as well as our comprehensive analysis on Checkpoint®.

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