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IFRS for Small and Medium-Sized Enterprises: Structuring the Transition Process

Posted on 2010-07-09




Name:IFRS for Small and Medium-Sized Enterprises: Structuring the Transition Process
ASIN/ISBN:3834909408
Publish Date:2008-01-01
Pages:207 pages
File size:1.6 Mb
Publish Date: 2008-01-01
ISBN: 3834909408
Pages: 207 pages
File Type: PDF
File Size: 1.6 MB
Other Info: Gabler
   IFRS for Small and Medium-Sized Enterprises: Structuring the Transition Process

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In process of converting to IFRS, a number of practical questions arise concerning the structures of the accounting area department of medium-sized enterprises as well as the issue of effectively updating updating financial statements once converted, which have thus far not been addressed in the debate. Richard Wittsiepe analyses the relevant IFRS statements with a view to possibly integrating them into existing work-flows in an annual audit. He weights the key issues of conversion by comparing the with the 4th EU Directive for accounting within the EU. The aim is to visualise the work-flows as the basis for creating support software which can make a key contribution to cost-effective conversion. This approach permits the effective integration of existing resources of medium-sized enterprises in cooperation with their specialists advisors.

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