BDO in the British Virgin Islands: International Financial Reporting Standards (IFRS)

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IFRS Overview IFRS Resource Center	ifrs As the world has evolved and capital markets have reached out across the globe, the demand for a uniform set of accounting and financial reportiung standards has become apparent. Discrepencies between financial reports for different regions are less acceptable and, in recent years there has been a call to harmonize them instead. As such, most countries, such as Canada and the United States, have commenced plans to adopt the International Financial Reporting Standards (IFRS) which should be completed over the next few years. BDO's extensive experience in reporting under IFRS ensures that your financial statements and reports are fully compliant with the most up-to-date set of accounting standards and technical bulletins. Our staff are continously trained on changes arising in IFRS to ensure that we are able to assist you with even the most technical issues and provide you with the best possible professional services. Visting our IFRS Resource Center for more detailed information on IFRS and services that we offer you to ensure that you are up-to-date on all IFRS developments. IFRS in the News IFRS Daily News IFRS News in BDO's regular update on what's just arrived in the world of IFRS. On this page, you'll find daily reporting of IFRS developments, including exposure drafts, standards and interpretations issued by the IASB and IFRIC. IFRS for Private Companies On July 9, 2009, the IASB published International Financial Reporting Standards (IFRS) for small and medium-sized entities, IFRS for SMEs. SEC Releases Proposed IFRS Roadmap On November 14, 2008, the SEC released the proposed "road map" for transitioning U.S. registrants to reporting in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). The comment period ended April 20, 2009. Refer to http://www.sec.gov/spotlight/ifrsroadmap.htm for further information.	Loading... More IFRS news...

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