Smooth Transition: Preparing for IFRS

Overview

The SEC proposes that 2014 be the first year for US registered companies to file their financial statements in International Financial Reporting Standards (IFRS) format. This white paper covers how to effectively managing the this upcoming transition to IFRS. You will learn how to form the IFRS transition team, set the roles of the IFRS project team members and use your enterprise resource planning (ERP) software to manage this transition.