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"The world is coming together in an accounting & finance arena and speaking a similar language" explains Stacey, she goes on to identify several steps that US companies need to implement in order to adopt these global financial standards.

Below is a short educational video to introduce you to the work of the IFRS Foundation and the role IFRS® Standards, used by companies in over 100 countries around the world when reporting on their finances, play in the global economy.

https://youtu.be/gcqMq0BEDW0

Introduction to International Financial Reporting Standards (IFRS)

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Introduction to International Financial Reporting Standards (IFRS)

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