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Are you ready for IFRS conversion?
Converting to IFRS (International Financial Reporting Standards) is a lengthy and difficult process that, one way or another, will inevitably affect all aspects of your company’s operations. The new IFRS are far more than a new set of accounting standards; they represent one of the greatest challenges in the history of financial accounting.
The new standards will replace the current Canadian GAAP (Generally Accepted Accounting Principles) which deal with the preparation of interim and annual financial statements for the fiscal years starting January 1, 2011. They apply to companies that have an obligation to public financial disclosure.
If your company is affected by the new standards, seeking professional advice will ensure this potentially arduous conversion process goes as smoothly as possible.
DECIMAL professionals can help you tackle this challenge by ensuring the conversion is completed according to your schedule and with minimal impact to your organization. DECIMAL provides personalized solutions that are adapted to your company’s specific needs.”
Get in touch with us today!
