She does not advocate the unit-by-unit approach over a wholesale shift to IFRS, she said. What's important, insisted Brougham, is that "you should not make the decision in the weeds when you need to be looking at a global [corporate] perspective."
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Inside this Report

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FEATURED ARTICLES
- Goodbye GAAP
RECENT CONVERGENCE COVERAGE
- The Beginning of the End of GAAP
- Principles vs. Practices
- From GAAP to Global in Seven Months
- Big Four Make Big Plans for IFRS
- SEC Decision Draws Cheers
- Some Spring to Fair Value's Defense
- Which Rules Rule? Now Ask FASB
- The Long March
- Standards and Lack Thereof
- Are You "Reasonable"?
- Will Americans Foul Up Global Standards?
- All the GAAP I Learned in Grad School
- Fixing the Financial Supply Chain
- Auditor Judgments under the Microscope
MORE RECOMMENDED READING ON IFRS AND GAAP
- IFRS: No Longer If, but When
- What If IFRS Replaced GAAP?
- SEC Allows Dual Accounting System
- The Dark Side of Global Accounting Rules
- Herz Calls for "Choice with a Timetable"
- Is FASB Fading Away?
- Gradison: Get Cracking on Convergence
- SEC Proposes Independence from GAAP
- Auditor: Convergence Spurs Revenue Wreck
- IASB Looks for a Parent
- One Standard, Many Laws
- IFRS Fueled Much of Chrysler's Huge Loss
- CFOs in a Dead Heat on Allowing IFRS
- How to Fix Accounting's Complexity
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Reader CommentsDisplaying 3 of 4
Jeff Henson
May 23, 2008 4:23 PM ET
IFRS Conversion Costs
Don't know how accurate this estimate is, but I have heard IFRS conversion costs approximate .5% of revenue.
James Blackwell
May 15, 2008 9:15 AM ET
Hold on Tight.............
Thanks for the article.
DOUGLAS BARNERT
May 14, 2008 7:53 PM ET
Cost?
Any idea what the total cost was?
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