The AICPA announced a new Web site, www.IFRS.com, which was officially launched on May 15. IFRS.com will help members and financial professionals learn about and stay informed on International Financial Reporting Standards. The Web site features tools and resources to help CPAs get acquainted with IFRS, the surrounding issues and available support. Resources include a history of convergence, a high-level overview of the differences between IFRS and U.S. GAAP, frequently asked questions, articles, textbooks and CPE courses, helpful links and assistance for audit committee members. For more information, visit IFRS.com, and watch a video of AICPA President and CEO Barry Melancon discussing what members need to know about IFRS and the resources available.
