US GAAP or IFRS

Question posted in Financial Services on 09 2009
Rate question difficulty level 1 Votes
What do you recomend for our company to use, US GAAP or IFRS?
 
 
1 Answer
 
In most of the cases it is not a decision, because it depends of the country the company is operating; these are reporting requirements that vary between countries. It will also depend in the strategy of the company, and finally the world is moving to IFRS so the natural decision should be to move or use IFRS if the company has the opportunity to use any of both reporting standards.

09/19/2009
 
 
Add an answer*
 
Email
Now hiring!
Senior Financial Accounting Analyst
Takeda Pharmaceuticals North America 
Deerfield, IL
accounting or a Bachelors degree in finance with relevant accounting coursework and 5+ years relevant accounting ... company * Accounting - understanding of moderately complex accounting concepts and Generally Accepted Accounting...
---------------------------
Senior Manager, Finance and Accounting
Epson 
Long Beach, CA
is looking for a Senior Leader in Finance & Accounting! Epson America, Inc. (EAI), a provider of best-in-class ... audits Inventory Accounting * Leads the Inventory Accounting group to reinforce processes related to...
---------------------------
CFO - Finance Director
Intermountain Healthcare 
Burley, ID
Chief Financial Officer is responsible for the development, interpretation, coordination, and administration of ... Intermountain Healthcare and hospital policies concerning finance, accounting, insurance, internal controls, and...
---------------------------
Accounting Manager
Kia Motors 
Irvine, CA
accounting section. Reporting to the Controller, the Accounting manager is responsible for accurate accounting management, reporting preparation and assist Controller with ... ? Bachelor?s degree in Accounting/Finance; CPA preferred...
---------------------------
Financial Accounting Analyst, Insurance Finance
Sutter Health 
Sacramento, CA
The Financial Accounting Analyst, Risk/Insurance/Retirement Finance provides self-insurance ... the Financial Accounting Analyst will be responsible for accounting and preparing financial statements and footnote...
---------------------------
Accounting Clerk II
Farmers Insurance 
Olathe, KS
Investigates, tracks,and resolves accounting or documentation problems and discrepancies.Answers financial and ... Accounting Clerk I or a minimum of two years experiencein Accounting or a related field. Special Skills Requirements...
---------------------------
Financial Accounting Analyst
Takeda Pharmaceuticals North America 
Deerfield, IL
journal entries to accounting system * Analyze accounts, financial reports and records for assigned functional areas ... or Finance with relevant coursework in Accounting * Accounting - understands moderately complex accounting...
---------------------------
DIRECTOR ACCOUNTING
Takeda Pharmaceuticals North America 
Deerfield, IL
* Primary liaison between TPNA accounting and TPC Finance/US Operations Division * Directly leads, develops, and ... preferred * CPA required * 10+ years of work in accounting/financial reporting/financial planning *...
View all jobs