Conversion considerations for IFRS
Implications for US power and utility companies
The transition to International Financial Reporting Standards (IFRS) could have a significant affect on the power and utilities industry. Although it might seem like a distant prospect on the US horizon, there is increasing support in favor of the change as the US Securities and Exchange Commission (SEC) continues to discuss the benefits of IFRS adoption.
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On Thursday, 18 September, the Ernst & Young Americas Power & Utilities Center will host a webcast to highlight how the transition to IFRS is likely to affect power and utility companies ? both in terms of business operations and financial statements.
Join the webcast to hear our professionals discuss their views and insights on:
- The road to IFRS: Up-to-the-minute evaluations of the most recent SEC convergence guidance
- Key differences between IFRS and US GAAP for power and utility companies
- Impacts of IFRS on the power and utilities industry
- Lessons learned and insights by European and Canadian professionals
- Preparing for the challenges ahead
The webcast will be hosted by senior Ernst & Young IFRS and power and utilities industry professionals from Europe, Canada and the US. Please join us for this event to hear their insights into this shift in accounting policy and its potential impact on business operations across our industry.