Ifrs and benefits in organization, Financial Accounting

Develop a paper that explains the emerging role of international financial reporting standards and how it affects your particular organization. Your paper should assess the adequacy of implementing international standards in your firm.

The paper should be about 2 pages and describe some key issues in your company. Some of the questions to ask yourself include:

  1. Is IFRS being used in my organization?
  2. Why should I know about IFRS and how it benefits my role?
  3. Why is it important for my company?

In addition to financial reporting, IFRS conversion impacts core business issues. Which do you believe are the two most important aspects of an organization affected by IFRS implementation?


Posted Date: 2/19/2013 2:18:39 AM | Location : United States

Related Discussions:- Ifrs and benefits in organization, Assignment Help, Ask Question on Ifrs and benefits in organization, Get Answer, Expert's Help, Ifrs and benefits in organization Discussions

Write discussion on Ifrs and benefits in organization
Your posts are moderated
Related Questions
Prepare the journal entries required to record the following transactions of a nongovernment, not-for-profit organization.   1. Unrestricted cash contributions received durin

Q. What do you mean by Operating Agreement? Operating Agreement - Agreement, generally a written document which sets out the rules by which a LIMITED LIABILITY COMPANY (LLC) is

Various types of accounting changes can affect the financial statements of a business enterprise differently. Assume that the following list describes changes that have a material

Which of the following is not a measurement issue in accouting a. when to record a business transaction b. how to classify the items of a businesss transaction c. when to classify

EXECUTORSHIP Executorship is the body of statute law, case law and practice concerning the management of the estate of a deceased person. In what follows, we shall express the

Problem 1 Seven years ago a semi-annual coupon bond with a 10% coupon rate, $1,000 face value and 15 years to maturity was issued by Corn Inc.. Teddy bought this bond two years ag

assignment ofr p V RATIO ANALYSIS

The time t= 0 continuously compounded term structure of interest rates is given by R(0 , T) = 0. 05 - 0. 005 e - 0.10 T . Find the price of a Treasury bond with exactly 3