October 05, 2010 16:28 ET

UHY LLP's "IFRS Survival Guide" Now Available

NEW YORK, NY--(Marketwire - October 5, 2010) - A new guide aimed at updating middle-market companies on what they need to know about the International Financial Reporting Standards (IFRS) is now available from the national accounting firm of UHY LLP.

In clear and practical language, UHY LLP's "IFRS Survival Guide: Addressing the Challenges of New Standards" explores the issues many U.S. companies face as they transition from the rules-based Generally Accepted Accounting Principles (GAAP) to the more principles-based standards of IFRS.

"IFRS has become the international language of accounting," said Ana Denena, a UHY LLP partner based in Houston who is a member of an IFRS implementation group. "It's increasingly important for any CFO or financial professional to understand these fundamental changes."

Denena is a member of the International Accounting Standards Board's (IASB) Small and Medium-sized Entities Implementation Group, which is charged with implementing IFRS for small and mid-sized entities. While many multi-national public companies have accelerated adoption of the principles-based standards, the focus is now on implementation for smaller businesses. 

To download a copy of the guide, visit For a hard copy of the guide or any questions, contact your local UHY LLP office.

About UHY Advisors, Inc. and UHY LLP
UHY Advisors, Inc. and its subsidiary entities have more than 1,000 professionals providing services from offices across the United States. UHY Advisors, Inc. is ranked among the 20 largest professional services firms providing tax and business consulting in the country by Accounting Today. Attest services are performed through an alternative practice structure with UHY LLP, a licensed CPA firm.

UHY Advisors, Inc. and UHY LLP are independent U.S. members of UHY International Limited, an international association of independent member firms providing accounting, tax and other professional services. For additional information, please visit UHY LLP's Web site at

UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms. UHY LLP is a licensed independent CPA firm that performs attest services.