Practical insights on converting to IFRSs
02 Apr 2009
An article in the April 2009 issue of Financial Executive magazine presents the views of senior financial officers of two companies, Deutsche Telekom National Grid, who were responsible for making their company's transition to IFRSs.
Both executives emphasise the importance of a stable platform of accounting standards before embarking on an IFRS conversion. The article reviews the steps each company took in making the transition and the internal changes – both practical and mindset changes – that were involved. The article is copyright by Financial Executives International and is posted on IAS Plus with their kind permission. Click to download the article IFRS in Three Years Possible... But Only with a Stable Platform (PDF 73k). We have added a link to this article on our First-time Adoption Page.