IFRS – Adapting to the changes
Listed companies have now published their first year consolidated group accounts using IFRS rather than UK GAAP, but the evidence suggests the challenges are far from over. Many key spokespeople have commented that the global convergence of IFRS and UK GAAP will increase in importance for the majority of UK businesses. For AIM companies and those in the public sector the challenge of IFRS is only just beginning.
The majority of companies have yet to move their subsidiaries to IFRS and there is a continuing requirement to embed IFRS throughout their businesses, systems and processes. For many finance professionals, it may have been associated with extra work and longer hours; however, in spite of the challenges accounting staff have to face, employers recognise that they cannot put off the issue.
If you are reviewing your options and are considering how to tackle IFRS and you want to find additional information. We are running a number of seminars in 2008:
IFRS - 14th October 2008
8.30am 12.30pm
Davidson House, Reading, Berkshire, RG1 3EU
More info: Mark Norrish (0118 959 1800)
IFRS - 18th June 2008
9.00am 12.30pm
The Hilton London Stansted Airport
More info: Jenny Baker (01245 346046)
IFRS - 21st May 2008
8.30am 12.30pm
Venue Gatwick
More info: Minesh Jobanputra (020 8686 6337)
IFRS - 12th March 2008
9.00am 12.30pm
Venue Jurys Inn, Milton Keynes
More info: Andy Naylor (01908 202700)
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