As a global language for financial reporting, IFRS minimizes barriers and fosters mutual understanding between investors and companies around the world, benefiting both.
New York, Boston and Fort Worth (PRWEB) November 13, 2012
On November 27 at 2 p.m. EST (1 p.m. CST), DisclosureNet™ Inc. will host a complimentary webcast focused on “5 Compelling Reasons to call for IFRS Adoption in the U.S.” Presenting the session is Peter Kaju, DisclosureNet CFO and Patricia Walters, Associate Professor of Accounting and Director of the Professional Program in Accounting at the Neeley School of Business at Texas Christian University.
Geared toward senior executives and accounting professionals, Kaju and Walters will make the case for how U.S. companies will benefit from implementing a proactive strategy toward adopting the International Financial Reporting Standards (IFRS). During the hour-long discussion, registrants can expect to learn:
- Five reasons why adopting IFRS is in the best interest of U.S. public and private companies
- The extent to which U.S. companies already encounter IFRS
- How to make knowledgeable decisions about whether IFRS is right for you
“We talk about IFRS a lot in the U.S.,” begins Walters, author of IFRS Accounting Trends and Techniques, “and I’m concerned that most companies aren’t taking action to understand IFRS better. As a global language for financial reporting, IFRS minimizes barriers and fosters mutual understanding between investors and companies around the world, benefiting both.” In the webcast, Walters will discuss how adopting IFRS now will better equip U.S. companies to access global capital markets and gauge their competition, leveling the global playing field and making them more attractive to investors.
The good news for U.S. companies facing an IFRS transition is that there are solutions available to help inform and guide them, making adoption easier. “Training employees on IFRS doesn’t have to be difficult,” explains Kaju, “and having access to a centralized repository of examples and guidelines will certainly ease the transition.” The IFRS module in DisclosureNet is one example of helpful software. U.S. companies that start looking into solutions early can gradually train employees, rather than trying to rush when compliance is SEC mandated.
If you’re wondering “why adopt?” when it comes to IFRS, reserve your spot today for this complimentary DisclosureNet webcast and learn how your company may benefit from tackling IFRS adoption now. Not available to attend the live presentation? Following the webcast, the audio recording and PowerPoint slides will be available to download from the DisclosureNet website.
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Media Contact: Lauren Triance-Haldane, PR Specialist
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DisclosureNet™ is an online solution that helps business professionals unlock intelligence in global corporate disclosure filings. Founded in 2002, DisclosureNet™ uses innovative technology to make it easy to find, store, and share global public disclosure information, while providing a secure platform for knowledge collaboration. To learn more about DisclosureNet™, please visit http://www.DisclosureNet.com.
About Patricia Walters, PhD, CFA
Patricia Walters is Associate Professor of Professional Practice and Director of the Professional Program in Accounting at the Neeley School of Business at Texas Christian University, where she teaches US GAAP and IFRS financial reporting, research, and analysis. She is also President of Disclosure Analytics, a consulting firm offering custom training in IFRS for accountants and investment professionals. Previously Dr. Walters has been affiliated with the International Financial Reporting Interpretations Committee (IFRIC) and also served as technical advisor to the financial analyst delegation to the International Accounting Standards Committee.
About the Neeley School of Business at Texas Christian University
The Neeley School of Business at TCU, celebrating 75 years in 2013, develops ethical leaders with a global perspective who help shape the business environment. The Neeley School is dedicated to helping students discover their potential, stick to their ethics, support teams and lead others. Students meet influential people and businesses and get real experience working on projects for clients. Neeley’s undergraduate and graduate programs are nationally ranked and honored by Bloomberg Businessweek , U.S. News & World Report, Entrepreneur, The Economist and Beyond Grey Pinstripes. Neeley is fully accredited by the Association to Advance Collegiate Schools of Business (AACSB), the highest standard of accreditation for business schools internationally.