Services : Global Accounting Standards

If you’re still thinking the move to global accounting standards is far off and just a “technical issue,” well, we’ll bring the coffee—and some extra brainpower.

There are several routes to worldwide accounting consistency, all pending right now: the Financial Accounting Standards Board (FASB) initiative with the International Accounting Standards Board (IASB) to converge standards, a potential SEC ruling that U.S. companies should adopt international financial reporting standards (IFRS), and a new SEC proposal to cherry-pick IFRS standards. But whichever road you take, it will affect every aspect of your business—accounting and finance, information systems, human resources, external relationships and governance.

Sounds like fun, huh? (Weirdly, it does to us.) It will all go much more smoothly if you start work now by educating executives and department heads about what’s happening, pulling all your documentation together, performing a high-level impact assessment and grabbing the low-hanging fruit.

RoseRyan can help get you going. Our technical accounting gurus are analyzing every last FASB and SEC pronouncement so you don’t have to (you’re welcome). We can provide:

• Internal training
• Impact assessments
• Strategic advisory services
• Project management and implementation