By Steve Hobbs, Protiviti
For many companies significant changes in their accounting practices are appearing on the horizon, given impetus by proposals from the SEC. That agency is calling for a migration from U.S. GAAP to IFRS. Such a convergence seems inevitable, and smart companies will want to prepare sooner, rather than later. In this two part series, Protiviti’s Steve Hobbs, shares his insights on what topics executives should address for a smooth transition to IFRS in a series of questions and answers.