Download IFRS: What Internal Auditors need to know
International Financial Reporting Standards (IFRS): What Internal Auditors Need to Know (2009)
The IIA Research Foundation
The International Financial Reporting Standards (IFRS) — a set of global accounting standards developed by the International Accounting Standards Board (IASB) — are quickly becoming the worldwide norm for financial statements in publically traded entities.
This research report aims to provide internal auditors with a working knowledge of this important challenge facing many companies and to help in planning for the road ahead. Please note that the version of IFRS currently available is for publically traded entities. The IASB is working on a less-complex version for private entities to be available in the first quarter of 2009.