The IFRS Question: To Adopt or Not?

Abstract

The International Financial Reporting Standards (IFRS) are playing an increasingly important role in global financial reporting. As a result, colleges are incorporating the IFRS into their business curricula. This chapter presents an interactive team project that will help students become familiar with the IFRS by critically examining IFRS adoption in the United States. Examining adoption of the IFRS from different perspectives allows students to explore the views of the various participants in the regulatory process, including investors, auditors, public, and private companies. This project encourages active collaborative learning and develops fundamental skills, including critical thinking and information literacy.

Citation

Alon, A. (2012), "The IFRS Question: To Adopt or Not?", Feldmann, D. and Rupert, T.J. (Ed.) Advances in Accounting Education: Teaching and Curriculum Innovations (Advances in Accounting Education, Vol. 13), Emerald Group Publishing Limited, Leeds, pp. 405-423. https://doi.org/10.1108/S1085-4622(2012)0000013021