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IFRS Adoption in the United States in 2015

Mr. Len Legotte
IFRS – The New Normal for Global Financial Reporting
Adoption of IFRS in the United States – 2015
By
Leonard C. Legotte Jr., MBA ©

IFRS Map
*IFRS Global Map–Legend: Blue – Adopted, Gray – In Process, White – Not Adopted

Introduction
As of August 2012, The United States of America (USA) has not officially adopted IFRS as their financial reporting framework. Generally Accepted Accounting Principles (GAAP) remains the current standard in the USA.

“The International Accounting Standards Board (IASB), whose guidelines are used in more than 100 countries mainly in Asia and Europe, and the U.S. Financial Accounting Standards Board (FASB) …

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Do You Know Your World… even vaguely?

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Podcast – Preamble: Considerations of the Global Arena

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Podcast – Q&A with Dr. R. – Diversity and Excellence

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Podcast – Q&A with Dr. R. – Early Research Methods For Target Countries

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Podcast – Q&A with Dr R – I want to go global

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Podcast – Q&A with Dr R – They are coming here

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Podcast – Q&A with Dr. R. – Global Education and Geography

We are aware there is an issue of lighting. This was recorded during a day in which the clouds were fighting with the sun.…

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Podcast – Q&A with Dr. R. – Nowhere is Too Far

We are aware there is an issue of lighting. This was recorded during a day in which the clouds were fighting with the sun.…

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The Law of the Land – A Primer on Jurisdiction

Kelly Ranasinghe JDThe Law of the Land – A Primer on Jurisdiction for American Global Executives ©

By
Kelly Ranasinghe JD

At the core of modern legal systems is jurisdiction, an ancient legal concept which means ‘to speak the law.’ However, the legal definition of jurisdiction and the common lay understanding of jurisdiction are not the same. In fact, there are multiple types of jurisdiction which differentiate between time, space and people. The colloquial understanding of jurisdiction refers to `the power’ of an institution, such as a Sheriff, to take a certain action (as in one having ‘jurisdiction’ to …

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