BUS-A 582 International Financial Reporting Standards (IFRS)

• 1.5 credits

International Financial Reporting Standards (IFRS) seem to be the forthcoming global standard for financial reporting; in fact, authors have argued that the move to ‘convergence’ is in actuality a move to ‘conversion’ from US GAAP to IFRS. This course offers a perspective on the institutional aspects as well as selected specific reporting standards as they converge or convert. The final session will be dedicated to “Whither IFRS?” in a moderated debate between student groups assigned to argue for/against such a convergence in specific elements/standards/issues. [offered for MSA students in a week-long intensive format during week one of 3-week break in spring term; concludes at 1 pm on Saturday]