Communicating a Transition to IFRS

In a world of evolving IFRS standards and insufficient IFRS market expertise, progressive CFOs are addressing market concerns on reporting competency and future performance measurement—beyond simply providing technical IFRS information. This study helps CFOs do the following:

• Foster an early and open dialogue with stakeholders to improve their IFRS communication strategies

• Provide the appropriate type and depth of IFRS transition information

• Demonstrate their IFRS communication proficiency to minimize market discounts due to uncertainty

• Reassure the market of their team’s competency to face future standard and interpretation changes

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