Get your clients ready for IFRS

Pugh, Steve
July 2012
Accounting Today;Jul2012, Vol. 26 Issue 7, p22
Trade Publication
The article discusses the need for accounting firms to prepare their clients to adopt International Financial Reporting Standards (IFRS) early. According to the article, transition to IFRS is complex that requires many changes to the accounting processes from data capture and implementation to reporting that will likely impact business operations. While the 2015 deadline seem far away, starting early allows advantage because of the many challenges that will need to be addressed.


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