International Financial Reporting Standards

Deloitte recently surveyed about 200 senior finance professionals at U.S. companies about the use of IFRSs - International Financial Reporting Standards. You can find a link to the 20-page report at this site.

"It is expected that certain U.S. companies will have the option of using IFRSs by 2011. The bottom line — by 2011, almost every country, including the United States, will most likely be using IFRSs to some extent."