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Big Four Make Big Plans for IFRS

(continued)

Second-tier accounting firms, too, are paying attention to IFRS education, each in its own way. And other offerings to help companies and others learn about international standards include "self-study programs" being offered in Europe, and in one case available through a U.S.-based company called ContractualCFO.

If the Big Four connections on IFRS with university instruction all sound well-organized, at least some people think it might be a bit too well-organized.

"While it's in the self-interest of all the accounting firms to develop the university relationships that will get IFRS taught in the United States schools, is there a risk that they might have too much influence on the whole curriculum?" Jack Ciesielski asks in a recent blog post. "After all, the university system is not supposed to be the farm system for entry-level public accountants." Rather, he observes, it should be "exposing students to other accounting disciplines: managerial accounting and tax, for instance." There is a danger, he suggests, that if the Big Four imposes itself too deeply, "the pendulum could swing too far."


Reader CommentsDisplaying 3 of 5

  • Raymond Darke

    May 23, 2008 10:15 AM ET

    IFRS- quality or consistency?

    Could the enthusiasm for IFRS possibly be related to the significant training revenue opportunity for the big 4? How … more

  • Super Heater

    May 22, 2008 6:08 PM ET

    IFRS Training Not Necessary

    You really have to admire the Big 4, first they managed to emerge from the early years of Sarbanes Oxley flush with … more

  • GARY CADEMARTORI

    May 22, 2008 4:17 PM ET

    Exactly What is Needed...

    With the headlong rush by SEC Cox and FASB Herz to adopt IFRS in place of GAAP, curiculm and textbooks on the subject … more

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