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Ernst &Young >Issues>default Assurance IFRS - Ernst & Young - United Kingdom

IFRS: a strategic opportunity

The move to International Financial Reporting Standards (IFRS) is the single most important initiative in the financial reporting world.

Its impact stretches far beyond accounting to affect every key business decision, not just how it is reported. Access to up-to-date knowledge, insights and timely advice is essential. As IFRS becomes the financial reporting language in many more countries, consistent interpretation and application becomes ever more vital.

We have developed global resources – people and knowledge – to provide the benefit of our broad sector experience, our subject matter knowledge and the latest insights from our worldwide network.

The Future of UK GAAP: Are you ready?

The ASB’s proposed changes to the financial reporting framework present a new challenge and opportunity for all companies currently reporting under UK GAAP. Register for our 8 February webcast, in which our experts offer their advice.

Global IFRS implementation summarised

Ernst & Young is pleased to launch a new feature summarising the status of IFRS implementation in more than 130 countries. Our IFRS Status of Implementation tool summarises conversion status and baseline requirements for preparing and filing financial statements under IFRS.

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IFRS core tools 2011

Global IFRS Resources

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Please see our Global IFRS site for additional resources, including Ernst & Young's global IFRS newsletter, IFRS outlook and web based learning modules.

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