IFRS Gaining Support Among U.S. Financial Leaders


TONE AT THE TOP 

Deloitte’s 2008 IFRS survey, Where Are We Today?, found that 30% of CFOs and other senior finance professionals would consider adopting IFRS if given a choice by the SEC within the next three years.

When surveyed six months earlier, only 20% said they would consider adopting IFRS.

While interest in adopting IFRS is growing, the survey indicated twothirds of companies considering IFRS thought their personnel in U.S. operations lacked sufficient knowledge of the standards versus one-third for their non-U.S. operations.

Source: Deloitte, www.deloitte.com/us/ifrs/2008survey.

SPONSORED REPORT

Keeping client information safe in an age of scams and security threats

A look at the Dirty Dozen tax scams and ways to protect taxpayer information.

TAX PRACTICE CORNER

More R&D tax help

"Can I use the R&D credit?" PATH Act enhancements make the credit more attractive to a wider range of taxpayers.

QUIZ

Learn to choose between ‘who’ and ‘whom’

Writers can stumble over who and whom (or whoever and whomever). If you write for business, this quiz can help make your copy above reproach.