InternationalGet used to it, folks: International financial reporting standards, or IFRS, are here to stay.

IFRS took another step toward full-fledged U.S. adoption when the American Institute of CPAs officially recognized the International Accounting Standards Board as a standard-setter for the profession. That gives AICPA members the option of using IFRS instead of U.S. generally accepted accounting principles.

With that milestone in place, the AICPA has released a number of resources that explain the IFRS concept and answer IFRS-related questions from a number of different perspectives. Check out the following:

These and other IFRS resources, along with related news headlines and training opportunities, are available on the MACPA’s IFRS resource center.

Check out these resources, then tell us: Are you ready for the inevitable arrival of IFRS?

Learn more at the Expo
IFRS will be among the topics covered at the first-ever Maryland Business and Accounting Expo, slated for June 17-18 at the Baltimore Convention Center. Get details about the Expo and register here.

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