Stay updated with new informative articles on TRG International blog!

Stay updated with new informative articles on TRG International blog!

One of the steps in an effective IFRS implementation strategy is to assess the impacts of IFRS on the whole organisation. Reporting and disclosure (e.g., financial statements) are likely to be at the forefront of major changes.

Read more: A complete guide to financial consolidation

The backbone of any organization, financial management applications are the foundation that helps a company manage and gain insight into the most important parts of their business. Financial management applications streamline processes to help an organization manage business-critical functions such as accounting, project management, payroll, and human resources. When the financial management software of an organization becomes disjointed or broken, the implications can certainly impact the success and profitability of that organization.