Organizations in United States, Canada and other major countries are preparing for transition to IFRS-based financial reporting. Since transition to IFRS has significant impact on people and process-related issues, it is very important to plan and prepare early to ensure that people are trained, processes are aligned, and IT/software capabilities exist to support successful transition, reporting and compliance. Organizations that have obsolescent applications and processes should create a comprehensive IT roadmap to consolidate and simplify financial reporting systems to prepare for this transition.
Attend this webcast to learn about lessons learned, considerations and choices to prepare n IT/Software roadmap for successful transition to IFRS. A good roadmap can save money and time while ensuring compliance!