The time lag between decision date and the actual implementation dates in Nigeria were not sufficiently long to train the required number of professionals who could apply international standards.
Regards, Rao Sabir Ali(CA,CIMA-UK) Ethical confilict on using IFRS early implementation of IFRS fair reporting by early application of IFRS conflict between the employees regarding early implementaiton of IFRS
How it is supposed to be implemented i. Is the plan complete ii. Is the plan working 4. Implementation of the plan a. Is there compliance i. What is the level of compliance at this point? ii.
While there is certainly good reason to believe that advance planning and an early start will lead to smoother implementation, spending a lot of time and money now seems premature.
Costs for adopting the IFRS There are several costs that could be incurred due to the adoption of IFRS.
While many of the previous actions can be taken by the VP or ERM (Making the Decision by Yourself), there still needs to be a team meeting to discuss who, what, how, when, where and why of everything involved (Have a Group Discussion to Explore the Options
170719 Factors affected implementation of decision in your organization. Factors affected implementation of decision in your organization. In my organization we had a situation where we needed to design a web site.
426578 Preference for rules of book vs tax; US GAAP vs IFRS Preference for rules of book vs tax; US GAAP vs IFRS If the US transitioned from separate accounting rules for book and tax purposes to one set of rules for both, which set of rules might be
Also, call center staff might resist the new system because this means fewer calls. Discuss possible reactions of the call center staff and other staff who might be affected by efforts to reduce minutes of calls.
(Deloitte, 2011) Mary Schapiro should not defer the implementation of IFRS because the accounting can lead to consistency in financial reporting.