Wednesday, August 5, 2009

How are you handling the transition to IFRS standards?

The SEC estimates the transition from US GAAP to IFRS will cost each early adopter $32 million over the first three years. Although the convergence for large accelerated manufacturers doesn’t occur until 2014, you can start reducing your $32 million spend by planning for a smooth, timely transition today.

• Have you planned for the cost associated with transitioning to IFRS?
• Do you understand the impact it will have on your accounting team?
• Will you get approval to bring in an accounting firm to help with the transition and when you do will it be too late?

The SEC continues to send mixed messages about the IFRS roadmap - This October, The Pharma Financial Forum will prepare you for these changes by providing a blueprint for making a seamless transition to IFRS standards. Participate in a featured session entitled “Determine

How Quickly to Move Toward the Adoption of IFRS”, which offers insights on:
• Ascertaining a more accurate sense of when IFRS implementation will trickle down to smaller companies
• Pinpointing which processes within the conversion to focus on over the next two years
• Selecting strategies for keeping up with standards without overinvesting in the transition to IFRS

Be sure to visit our website for more information and complete program details.

**If you register by this Friday, August 7, you'll receive $300 off the standard registration price! Find out more here.

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