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Deloitte Responds to SEC IFRS Roadmap with a Roadmap for Real Estate.
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PR Newswire
- Article date:
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September 30, 2008
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Copyright informationCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Sept. 30 /PRNewswire/ -- While the Securities and Exchange Commission's proposed IFRS rule changes likely leaves some public real estate companies out of early adopter consideration, U.S. real estate companies may still want to commence planning for a future conversion and consider the implications of reporting under IFRS. A tiered approach to conversion will likely help companies effectively meet the SEC's proposed mandatory transition date beginning in 2014 and may provide the global, capital-intensive real estate industry with immediate competitive benefits, according to Deloitte's recently released IFRS in Real Estate: More Than Just Accounting & Reporting.
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