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Managing IFRS Conversion  In A Global Environment  Excerpts from a presentation at NJIT December 11, 2009 Andreas Rothe SVP and Global Controller Parsons Brinckerhoff
What to consider: Complexity in Global Organizations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What to consider: Many parties involved ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Using IFRS conversion to streamline accounting processes and reduce costs  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Implementing IFRS ,[object Object],[object Object],[object Object],[object Object]
Centralize ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Focus on Commonalities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Deal with Exceptions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Deal with Exceptions – Cont.  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Manage the Auditors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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IFRS Conversion in a global environment

  • 1. Managing IFRS Conversion In A Global Environment Excerpts from a presentation at NJIT December 11, 2009 Andreas Rothe SVP and Global Controller Parsons Brinckerhoff
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.

Notas del editor

  1. Specific ones to PB Employee owned despite hundreds of pages of guidance on 123(R) not sufficient for our program. Pay cash not accrual taxes, resulting from partnership Still sec exempt despite 5,000 shareholders Year end – last Friday, 13 periods, local reporting.tax Similar to previous companies. Multiple Ifrs, gaap, german gaap
  2. UK still UK GAAP, PB operates in hundreds of joint ventures. FIN 46 try to explain someone in ME, Asia, even UK or Australia
  3. Chart of accts cash and cash equivalents payables Systems, only need to change one
  4. FIN 46
  5. Accounting standard which we follow - does not make sense, fasb must have had one drink to many - history