

For Experienced Sellers: How to Navigate International Accounting Standard Conversions
Aug 28, 2024
Katrina Nacci, a cross-border accounting advisor with expertise in international M&A transactions, delves into the intricacies of converting accounting standards. She explains the critical differences between U.S. GAAP, IFRS, and local GAAP. Katrina emphasizes the necessity of thorough documentation and a knowledgeable internal team to streamline the conversion process. She also discusses the challenges companies face during this transition, particularly regarding currency considerations and the importance of maintaining a solid audit trail for compliance.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Intro
00:00 • 3min
Navigating International Accounting Standards
02:55 • 6min
Navigating the Audit Trail in Accounting Standard Conversion
09:06 • 2min
Navigating Accounting Standard Conversions
11:25 • 8min
Navigating International Accounting Standards: Historical vs. Future Practices
19:20 • 2min
Converting to US GAAP: Currency Considerations
21:31 • 5min
Navigating the Challenges of Accounting Standard Conversions
26:22 • 3min