An IFRS Fable: The Company That Waited Too Long

Many US companies find themselves acting like “Wait-and-See, Inc.” They interpret the switch from US Generally Accepted Accounting Principles (GAAP) to IFRS as a matter of compliance rather than an opportunity to become more globally competitive by improving key internal processes. But transitioning to IFRS offers many benefits beyond compliance. Find out what those benefits are, and how your company can harness them.

Featured Software Research:

Linked Enterprise Data: Data at the heart of the company

The data silos of today's business information systems (IS) applications, and the pressure from the current economic climate, globalization, and the Internet make it critical for companies to learn how to manage and extract value from their data. Linked enterprise data (LED) combines the benefits of business intelligence (BI), master data management (MDM), service-oriented architecture (SOA), and search engines to create links among existing data, break down data walls, provide an open, secure,... Read More

Why Your Business Is Not Too Small for VoIP

This guide explores five reasons why small businesses should think differently about VoIP. There may still be situations where VoIP isn’t for you, but in today’s environment VoIP can do more than just provide lower cost telephony. You’ll see that you’re never too small for VoIP, and there are great choices available to start you on this path and turn your phone system into a new driver for competitive advantage. Read More

The Distribution Challenge: Are You Asking Enough from Your ERP?

Distributors and manufacturers in today's challenging economy face many pressures, including global competition, growing complexity of supply chains, complex trade regulations, and fluctuating transportation costs. Enterprise resource planning (ERP) solutions are meant to help address challenges like these with a whole company system that deals with most or all the aspects of a company's functioning.

Yet many ERP implementations fail to produce the expected benefits. Too often distributors... Read More

You may also be interested in these related documents:

Streamlining Your Conversion to IFRS: Challenges, Choices, and Transformative Technologies

  • Source: SAP
  • Written By:
  • Published:
Transitioning to international financial reporting standards (IFRS) is more than just a mandate—it’s an opportunity for companies to improve their financial consolidation and reporting systems, and enable rapid legal compliance. But making the switch requires careful planning, thoughtful execution, and support from personnel throughout the enterprise. Find out how your company can manage the change. Read More

Bean Counter to Business Leader: 5 Strategies for the CFO

The role of the chief financial officer (CFO) is evolving, but due to pressures to meet financial reporting requirements, there’s still a strong pull toward “chief bean counter” responsibilities. But CFOs can find opportunities to become true business leaders. With help from technology, five key strategies can enable the CFO to have a significant impact on the direction and success of the business. Learn more. Read More

Meeting the Challenge: Planning for IFRS Conversion

  • Source: Sage
  • Written By:
  • Published:
Over 100 countries now require or permit International Financial Reporting Standards (IFRS) reporting. Companies preparing to make this challenging switch will need to focus on technical accounting issues, the differences between IFRS and generally accepted accounting principles (GAAP), and more. Learn about the issues surrounding IFRS adoption and the systems you use to manage and report financial information. Read More
 
comments powered by Disqus