In Europe, interest in international financial reporting has increased rapidly over the last few years. This is a result of legal conversion requirements, most recently in the form of the IAS-Regulation dated July 19, 2002. The IAS-Regulation requires all capital market oriented companies within the EU to report under International Accounting Standards (IAS) / International Financial Reporting Standards (IFRS) for fiscal years beginning on or after January 1, 2005.

In addition, increasing pressure to convert arises from

Thus, at least in Europe, IAS / IFRS have become the established standard for international financial reporting.

Therefore, the following comments relate to a conversion to or implementation of IAS / IFRS. However, they apply equally to a conversion to US accounting standards (US GAAP):

As part of the ongoing reporting under IAS / IFRS or US GAAP, we provide support with preparing monthly, quarterly and annual financial statements.
We offer workshops over one or more days on all topics related to international financial reporting under IAS / IFRS or US GAAP.