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:
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?