1. Time for a smooth change
- Author
-
Williamson, Kristy and Hicks, Kerry
- Subjects
Financial services industry -- Management ,Financial services industry -- Laws, regulations and rules ,Management -- Analysis ,Management -- Laws, regulations and rules ,Financial services industry ,Company business management ,Government regulation ,Banking, finance and accounting industries - Abstract
Many organizations are converting to international financial reporting standards, as the last date for its introduction is January 1 2005. As a law, all Australian reporting entities have to report under international financial reporting system and have to ensure that they have adequate training and resources, senior management support, constant communication and time.
- Published
- 2003