The six-to-eight month exercise led to a realization that adopting IFRS would not just change the company's accounting and financial reporting. "We tried to identify where it would have a low, medium, or high impact on both the accounting and reporting standards, and also the business," he said. "Adopting IFRS is a business issue, not just an accounting issue."
Pages to are hidden for
"CONFERENCE BRIEFS"Please download to view full document