Fueling IFRS Knowledge Transfer
PricewaterhouseCoopers LLP recently announced the awarding of $700,000 in grants to colleges to accelerate the preparedness of U.S. accounting students for the anticipated adoption of International Financial Reporting Standards (IFRS). Jean Wyer, partner and leader of college and university relations for PricewaterhouseCoopers explains how PwC expects college programs to play a key role in IFRS knowledge transfer. ###







May 1st, 2009 at 1:57 pm
Are the PwC grants to be tied specifically to IFRS curriculums, or can they be tied to curriculums that focus more broadly on the subject of international standards convergence (not just IFRS)? Does it matter. And if so, why?
June 8th, 2009 at 3:10 pm
PwC’s IFRS Ready grants are directed at helping US colleges and universities prepare students for practice by implementing curricular additions or revisions addressing international standards. This is a rapidly changing area where neither the line between “adoption” and “convergence” nor the way forward is clear at this time. In our first round of grants, no proposals based completely on a non-IFRS approach were received.
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