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Revenue Recognition under IFRS: A Critical Update

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As the transition toward IFRS continues to evolve, it is important to stay abreast of developments and continue to think about and plan for, the effects of IFRS on your organization. Particularly with the recent SEC commitment to bring the roadmap to a vote during 2011.

John Barnes, Partner, Grant Thornton, provides a critical update on some significant differences between revenue recognition under US GAAP versus IFRS and what you should be considering for your company today.

Revenue Recognition and the march toward IFRS :

  • Summary of the principles-based approach to Revenue Recognition under IFRS
  • Revenue Recognition under US GAAP vs. IFRS
  • Current Status of the various standard-setting groups on Revenue Recognition

This webcast was conducted live on Thursday, Mar. 25th, 2010.

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