Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

Get updates on Compliance Week offerings, including new features, databases, research, and other resources, along with announcements of upcoming Webcasts, conferences, seminars, CPE/CLE opportunities and more.

Published every Thursday, Compliance Week Europe offers a condensed summary of risk, audit, and compliance news either originating in Europe, or of special interest to European compliance professionals. This newsletter will follow developments by the European Commission, as well as those of national governments across the region, or any U.S.-based news that might have consequence across the Atlantic. Frequency: weekly; Thursday a.m.

A fresh edition of Compliance Week delivered via e-mail and online every Tuesday morning, relentlessly focused on the disclosure, reporting and compliance requirements of our 25,000+ paying subscribers.

Published every Friday, Compliance Weekend was launched at the behest of subscribers, and offers a quick Plain English review of the week's key developments. We hope you enjoy this supplement to Compliance Week's Tuesday edition.


Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

IFRS Failure Will Cost Organizations Unnecessary Time and Money

October 26, 2012

SEC Chairman Mary Schapiro has indicated that she does not feel pressure to rush into a decision about IFRS—she only feels pressure to "do the right thing for U.S. markets and U.S. investors."[1] As the nation faces multiple economic and political hurdles, the decision to adopt IFRS (and the date for which this would be mandated) has not been confirmed.

Yet any successful company can tell you that their smartest decisions do not tend to be those of a reactive nature. When it comes to stock price, shareholder value, and the bottom line, the best businesses are anticipating change and taking proactive measures to ensure their processes are not only scalable but are also those that position the company for success.

Gartner research shows that 75 percent of organizations have delayed action in addressing IFRS requirements, which risks a failure to meet deadlines.

Gartner research shows that 75 percent of publicly held firms risk IFRS failure... To get the full story, subscribe now.