Tuesday, April 7th, 2009 at 7:31 am
Can Your CIO Spell IFRS?
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Posted by Tax 2.0
CFO Magazine explores tax from the IT perspective by highlighting that the effects of switching accounting languages extend far beyond the finance department. Are your tax and IT departments prepared for this possible significant shift?

April 7, 2009 9:03 am
by MWaldon
The Transition to IFRS: Build Your Team Now and Save Money Later
The SEC has now made it clear that the shift from GAAP to IFRS is underway, with U.S. companies given the next several years to transition over to the new international standard. For employers, conversion to IFRS is much more than a technical accounting issue that requires you to review your internal skill sets and ensure that you have the right people on the task; it should actually be viewed as a cultural change for your company. It’s important to embrace this sea change now and start building a team of people who can turn this apparent pain point into an organizational advantage. To read more >> http://www.mergisgroup.com/Find_Employees/Articles/Mergis_Article_IFRS_Transition.jsp