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Can someone provide me with an IFRS Preliminary Assessment/Study template?

Lauro Valdovinos's Profile

Answers

Topic Expert
Sunil Thukral
Title: Controller/Technical Accounting Advisory..
Company: Consultant
(Controller/Technical Accounting Advisory/ SEC Reporting, Consultant) |

Hi Lauro,

You can create your own template, for which you can follow the following process:

1) Review the U.S. GAAP/ IFRS differences: The following resource will come in handy.

http://www.pwc.com/us/en/issues/ifrs-reporting/publications/ifrs-and-us-gaap-similarities-and-differences.jhtml

2) Identify the impact of the standards (High/ Medium / Low) for each accounting standard.

3) Document the impact of each of the accounting standards.

I have done U.S. GAAP to IFRS conversion work for the clients and each client wanted a different structure to the template.

Anonymous
(Controller) |

How many days does it take to do the IFRS to US GAAP conversion?

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