IFRS: next question Is your financial reporting sustainable?

McDonnell, John
April 2006
Accountancy Ireland;Apr2006, Vol. 38 Issue 2, p19
Trade Publication
The article discusses issues concerning financial reporting in Ireland. The preparation of International Financial Reporting Standards (IFRS) external reporting is performed by an operationally independent project team at the center, often staffed by contractors. Organizations need to consider the complex regulatory and compliance framework being introduced over the next few years through Sarbanes-Oxley and Basel II, as well as the International Accounting Standards Board financial reporting improvements and research projects. Examples of where effective IFRS change can or should be facilitated are provided.


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