Abstract

Although the most recent International Financial Reporting Standards (IFRS) work plan report from the U.S. Securities and Exchange Commission no longer includes a timetable for the U.S. adoption of global financial accounting standards, experts predict that the United States will transition to some form of convergence later this decade. In anticipation of the likely change, explicit coverage of IFRS was added to the Uniform Certified Public Accountant Examination in 2011. To identify what it will take for students to become IFRS-ready, this research continues a multiyear exploration into key IFRS student learning objectives, their relative importance, and strategies for incorporating them into the undergraduate accounting curriculum. Survey results suggest employer expectations have evolved.

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