International Financial Reporting Standards (IFRS)

driving to a global economy

Implementing IFRS as multinational expansion continues to trend

The rapid increase of globalization paired with associated regulations continues to compel the overall movement of International Financial Reporting Standards (IFRS) for many multinational entities. Implementing IFRS may impact business areas such as:

  • Finance
  • Information systems
  • Vendor contracts
  • Tax reporting
  • Compensation agreements
  • Operations
  • Internal controls

Our professionals work closely with you to provide customized services that meet your needs

IFRS has increasingly become a preferred international reporting framework as a direct result of global expansion. From thorough internal assessments to the final transitional stages of IFRS, you can expect hassle-free, convenient financial reporting assistance and services.

  • IFRS Financial Statement Audits
  • IFRS Implementation Planning
  • IFRS Technical Support
  • IFRS Transitional Phase Assistance
Publications Publications
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Why Manufacturing in China May Still be Your Best Ou...
Many U.S. companies that outsource manufacturing to China have feared that China’s ongoing move from a “developing” to a “developed” country would result
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Key Steps for Executing a Smooth Accounting Change I...

Changes to financial accounting standards and the accompanying impact on a company’s reported results, disclosures, and related accounting processes and
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Proposed Revenue Recognition Standard
Currently a joint project of the Financial Accounting Standards Board (FASB), the body that oversees accounting principles generally accepted in the United
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FASB Issues Long-Awaited Revenue Recognition Standard
On May 28, 2014, the FASB and the IASB (collectively “the boards”) issued their sweeping revenue recognition standard, Revenue from Contracts with
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The adoption of IFRS will lead to significant changes in many organizations. Dixon Hughes Goodman understands the impact of IFRS. In addition to the in-house resources provided by our professionals, our membership in Praxity, AISBL provides us with access to professionals throughout the world who have experience with IFRS.

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