Top 10 Ways the Transition to IFRS will Impact Your ERP System!
Posted by Glen Mund on Fri, Oct 31, 2008 @ 02:56 PM
by Leslie Satenstein, Technology Evaluation Centers
The coming North American changeover from GAAP (Generally Accepted Accounting Principles) to IFRS (International Financial Reporting Standards) will most likely present a number of challenges for your company. Today's feature blog post shows you the top 10 ways the transition from GAAP to IFRS will impact your enterprise resource planning (ERP) system.
With so much riding on your company selecting the right accounting software, and with so many solutions to choose from, what should you base your decision on? Today's feature white paper recommends you start with an understanding of both the strengths and weaknesses of your company's financial information capabilities.
Did you know that digital dashboards, browser-based accounting, and .NET technology allow you to get away from traditional reporting systems that produce endless pages on financial and business conditions after-the-fact? In today's feature article, learn how you can get the financial information you need on the fly, without having to rely on static, often dated financial statements
Read the whole article, here: http://blog.technologyevaluation.com/blog/2008/10/28/top-10-ways-the-transition-to-ifrs-will-impact-your-erp-system/