How will it affect your business?

Over 7,000 listed companies in the European Union were required to prepare consolidated financial statements under International Financial Reporting Standards from 2005. Many countries outside the EU have announced that they too will require IFRS reporting within the next five years. Overall, the increased acceptance of IFRS as a global accounting framework has led to a surge in the number of companies considering a change to IFRS.

It isn’t just ‘the numbers’ that will change

This guide will help you become aware of the implications of adopting IFRS for the first time, and allow you to manage the change effectively.

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