Recent TRG blog posts

Adapting to economic globalisation: From VAS to IFRS accounting

Posted by Thuy Tien Tran on

Globalisation has made the transition from VAS accounting to IFRS accounting a pressing issue for many organisations. It does not only apply to global companies operating in Vietnam but also to Vietnamese companies with foreign capital investment, which helps increase mutual understanding and trust for foreign investors, who do not have an insider’s knowledge of VAS.

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Blog Topics: Financial consolidation, planning and reporting, IFRS

The importance of IFRS implementation software

Posted by Rick Yvanovich on

After studying the IFRS compliance reasons and IFRS implementation strategy, companies should note that the success of conversion is determined by 3 factors: internal training of personnel, systems upgrades and costs (PwC, 2009).

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Blog Topics: IFRS, Financial Accounting Management Software, Infor SunSystems

IFRS implementation strategy

Posted by Linh Dao on

The IFRS implementation strategy includes 4 stages: knowledge gathering, assessment and planning, initial transition and integrate change.

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Blog Topics: IFRS, Financial Accounting Management Software, Infor SunSystems

The reasons for IFRS compliance

Posted by Rick Yvanovich on

IFRS (International Financial Reporting Standards) is the result of decades of pursuing a universally accepted set of accounting and financial reporting standards. This pursuit began back in the 1970s and slowly gained momentum over the years, especially over the last decade.

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Blog Topics: IFRS, Financial Accounting Management Software, Infor SunSystems

IFRS Issues 2012: Avoiding Regulatory Red Flags

Posted by Linh Dao on

Every year, the IFRS experts at accounting firm Grant Thornton International publish what they call the “IFRS Top 20 Tracker.” It contains the 20 disclosure and accounting issues they think will pose potential challenges to IFRS preparers for the year.
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Blog Topics: IFRS, Financial Accounting Management Software

Infor SunSystems General Audience Campaign Ovum Tech Report

Posted by Rick Yvanovich on


The financial management applications category is one of the most mature enterprise software sectors and the accounting application is one of the first tools that a growing company rolls out. In spite of its maturity and because of its indispensable nature, financial management tools need to continue evolving to meet the requirements of the business. It is essential, therefore, that the financial management tools of choice be supported by a successful vendor and a strong product management team.

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Blog Topics: Financial consolidation, planning and reporting, IFRS, Financial Accounting Management Software, Infor SunSystems

Business Success Comes from Financial Software

Posted by Thuy Tien Tran on

Business leaders everywhere are looking for new ways to gain as much profit as possible. They look from all different angles to see the best approaches in order to better run their business.

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Blog Topics: Financial consolidation, planning and reporting, IFRS, Financial Accounting Management Software, Infor SunSystems

The transition from GAAP to IFRS

Posted by Rick Yvanovich on

Building business efficiencies and greater competitiveness for North American companies. Regulatory authorities are on track to make the International Financial Reporting Standards (IFRS) a requirement for all publicly-traded companies in the US, Canada, and Mexico over the next few years. For public companies in these countries, the transition to IFRS will be the most significant regulatory change in many years and one with potential to directly impact overall competitive position.

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Blog Topics: Financial consolidation, planning and reporting, IFRS, Financial Accounting Management Software, Infor SunSystems

Business Success Comes from Financial Software

Posted by Rick Yvanovich on

Business leaders everywhere are looking for new ways to gain as much profit as possible. They look from all different angles to see the best approaches in order to better run their business.

Read More…

Blog Topics: Financial consolidation, planning and reporting, IFRS, Financial Accounting Management Software, Infor SunSystems

SEA CHANGE: TRANSITIONING TO IFRS

Posted by Rick Yvanovich on

As the world transitions to a single, unified global accounting standard with the implementation of international financial reporting standards (IFRS), oil and natural gas exploration and production (E&P) companies in particular face daunting challenges with the transition. Even in countries that have already adopted or set out a path for adoption of the new standard, many questions still linger about how to interpret what amounts to largely broad statements of accounting principles under IFRS.

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Blog Topics: IFRS, Financial Accounting Management Software

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Rick Yvanovich

 Rick Yvanovich
 /Founder & CEO/

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