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Additional Information IFRS

IFRS reporting

As the world moves towards global accounting standards, many companies must deal with the issues raised by the need to convert their financial reporting systems to comply with International Financial Reporting Standards (IFRS).

Baker Tilly understands the far-reaching impact of moving from a familiar basis of accounting to IFRS. The complexities of converting to IFRS can pose a considerable drain on time and resources for any financial department.

We provide dedicated assistance to those preparing to work with international accounting standards ensuring that they have the resource they need, for the period of time they need it. Specialized experience in IFRS conversions and global reporting allow us to provide efficiently and effectively the following services:

Preliminary skills and needs assessments
Conversion planning
Training and assistance
Implementation
Impact analysis

Why Privately-held Manufacturers Should Implement IFRS-ready ERP Solutions*
	While regulatory requirements to adopt International Financial Reporting Standards (IFRS) may be a concern for publically traded companies only, there are plenty of reasons why privately held entities will want to prepare to adopt IFRS as well... *To read this article, registration required with TechnologyEvalutation.com

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