IFRS Gaining Support Among U.S. Financial Leaders


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.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.