Requested White Paper
Going International: IFRS Compliance for Hedge Funds
Discover the differences between GAAP and IFRS reporting for hedge funds, and learn how to evaluate your financial management software to ensure that it meets the requirements of both methods.
While the United States currently adheres to the GAAP method of financial reporting, most of the world’s economically powerful countries have adopted a procedure entitled, International Financial Reporting Standards (IFRS). It is speculated that the U.S. will begin to transition to the IFRS method very soon.
There are several differences between GAAP and IFRS that can have an impact on a hedge fund’s financial reporting. It is therefore becoming necessary for funds to be able to adhere to both sets of reporting standards.
