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From GAAP to Global Accounting in Seven Months

(continued)

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."


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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