--- title: TRG Blog | IFRS description: IFRS | TRG Blog - be updated with the latest trends, advice and ideas in accounting, hospitality, financial management and technology enterprises. --- [![trg logo](https://d1cavipgdpnjin.cloudfront.net/wp-content/uploads/2022/05/cropped-icon-1.png)](https://www.trginternational.com/) Helping you and your business shine  [![English flag](https://blog.trginternational.com/hubfs/images/en-flag.jpg "en-flag") English   ](https://blog.trginternational.com/) [![Vietnamese flag](https://blog.trginternational.com/hubfs/images/vi1.jpg "vi1") Vietnamese ](https://blog.trginternational.com/vi) - [Home](https://blog.trginternational.com/) - [Solutions](https://www.trginternational.com/solutions/) - [Industries](https://www.trginternational.com/industries/) - [Resources](https://www.trginternational.com/resources/) - [Events](https://www.trginternational.com/events/list/) - [About us](https://www.trginternational.com/about-us/overview/) - [Careers](https://careers.trginternational.com/) - [![English Flag](https://blog.trginternational.com/hubfs/images/en-flag.jpg "en-flag")](https://blog.trginternational.com/) - [![Vietnamese Flag](https://blog.trginternational.com/hubfs/images/vi1.jpg "vi1")](https://blog.trginternational.com/vi) [☰](https://blog.trginternational.com/topic/ifrs/page/1#) [Get SunSystems Help →](https://www.trginternational.com/it/what-we-do/infor-sunsystems/get-sunsystems-help/) # Recent TRG blog posts ## [IFRS 18 Explained: A Quick Guide in Under 900 Words](https://blog.trginternational.com/ifrs-18-quick-guide) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Thu, Aug 1, 2024 - [Tweet](https://twitter.com/share) [![IFRS 18 Explained: A Quick Guide in Under 900 Words](https://blog.trginternational.com/hubfs/OIP%20%281%29.jpg) ](https://blog.trginternational.com/ifrs-18-quick-guide) A new [accounting standard](https://blog.trginternational.com/introduction-to-financial-reporting-standards-ifrs), IFRS 18, is changing the rules for how companies report their finances. In short, it will change how businesses communicate their financial health to investors, regulators, and other stakeholders. [Read More…](https://blog.trginternational.com/ifrs-18-quick-guide) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/ifrs-18-quick-guide#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [IFRS](https://blog.trginternational.com/topic/ifrs) ## [Adapting to economic globalisation: From VAS to IFRS accounting](https://blog.trginternational.com/trg-in-the-board-room/bid/180671/adapting-to-economic-globalisation-from-vas-to-ifrs-accounting) Posted by [Thuy Tien Tran](https://blog.trginternational.com/author/thuy-tien-tran) on Wed, Jun 5, 2013 - [Tweet](https://twitter.com/share) [![Adapting to economic globalisation: From VAS to IFRS accounting](https://blog.trginternational.com/hs-fs/file-56092182-jpg/images/images1.jpg) ](https://blog.trginternational.com/trg-in-the-board-room/bid/180671/adapting-to-economic-globalisation-from-vas-to-ifrs-accounting) Globalisation has made the transition from [VAS accounting](https://blog.trginternational.com/how-infor-sunsystems-is-localised-for-the-vietnam-market) 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. [Read More…](https://blog.trginternational.com/trg-in-the-board-room/bid/180671/adapting-to-economic-globalisation-from-vas-to-ifrs-accounting) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/trg-in-the-board-room/bid/180671/adapting-to-economic-globalisation-from-vas-to-ifrs-accounting#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [IFRS](https://blog.trginternational.com/topic/ifrs) ## [The importance of IFRS implementation software](https://blog.trginternational.com/bid/143083/The-importance-of-IFRS-implementation-software) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Mon, Jul 23, 2012 - [Tweet](https://twitter.com/share) [![The importance of IFRS implementation software](https://blog.trginternational.com/hs-fs/file-16845618-jpg/images/108203531.jpg) ](https://blog.trginternational.com/bid/143083/The-importance-of-IFRS-implementation-software) After studying the IFRS [compliance reasons](https://blog.trginternational.com/bid/143080/The-reasons-for-IFRS-compliance) and IFRS [implementation strategy](https://blog.trginternational.com/bid/143081/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). [Read More…](https://blog.trginternational.com/bid/143083/The-importance-of-IFRS-implementation-software) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/bid/143083/The-importance-of-IFRS-implementation-software#comments-listing) Blog Topics: [IFRS](https://blog.trginternational.com/topic/ifrs), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software), [Infor SunSystems](https://blog.trginternational.com/topic/infor-sunsystems) ## [IFRS implementation strategy](https://blog.trginternational.com/bid/143081/IFRS-implementation-strategy) Posted by [Linh Dao](https://blog.trginternational.com/author/linh-dao) on Mon, Jul 9, 2012 - [Tweet](https://twitter.com/share) [![IFRS implementation strategy](https://blog.trginternational.com/hs-fs/file-16915285-jpg/images/ifrs2.jpg) ](https://blog.trginternational.com/bid/143081/IFRS-implementation-strategy) The IFRS implementation strategy includes 4 stages: knowledge gathering, assessment and planning, initial transition and integrate change. [Read More…](https://blog.trginternational.com/bid/143081/IFRS-implementation-strategy) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/bid/143081/IFRS-implementation-strategy#comments-listing) Blog Topics: [IFRS](https://blog.trginternational.com/topic/ifrs), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software), [Infor SunSystems](https://blog.trginternational.com/topic/infor-sunsystems) ## [The reasons for IFRS compliance](https://blog.trginternational.com/bid/143080/the-reasons-for-ifrs-compliance) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Mon, Jun 25, 2012 - [Tweet](https://twitter.com/share) [![The reasons for IFRS compliance](https://blog.trginternational.com/hs-fs/file-16913572-jpg/images/ifrs_2.jpg) ](https://blog.trginternational.com/bid/143080/the-reasons-for-ifrs-compliance) [**IFRS (International Financial Reporting Standards)**](https://blog.trginternational.com/introduction-to-financial-reporting-standards-ifrs#whatisifrs) 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. [Read More…](https://blog.trginternational.com/bid/143080/the-reasons-for-ifrs-compliance) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/bid/143080/the-reasons-for-ifrs-compliance#comments-listing) Blog Topics: [IFRS](https://blog.trginternational.com/topic/ifrs), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software), [Infor SunSystems](https://blog.trginternational.com/topic/infor-sunsystems) ## [IFRS Issues 2012: Avoiding Regulatory Red Flags](https://blog.trginternational.com/bid/138361/IFRS-Issues-2012-Avoiding-Regulatory-Red-Flags) Posted by [Linh Dao](https://blog.trginternational.com/author/linh-dao) on Tue, May 8, 2012 - [Tweet](https://twitter.com/share) [![IFRS Issues 2012: Avoiding Regulatory Red Flags](https://blog.trginternational.com/hs-fs/file-16915462-jpg/images/ifrs_world.jpg) ](https://blog.trginternational.com/bid/138361/IFRS-Issues-2012-Avoiding-Regulatory-Red-Flags) **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.** [Read More…](https://blog.trginternational.com/bid/138361/IFRS-Issues-2012-Avoiding-Regulatory-Red-Flags) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/bid/138361/IFRS-Issues-2012-Avoiding-Regulatory-Red-Flags#comments-listing) Blog Topics: [IFRS](https://blog.trginternational.com/topic/ifrs), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software) ## [Infor SunSystems General Audience Campaign Ovum Tech Report](https://blog.trginternational.com/bid/121478/Infor-SunSystems-General-Audience-Campaign-Ovum-Tech-Report) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Tue, Jan 31, 2012 - [Tweet](https://twitter.com/share) [![Infor SunSystems General Audience Campaign Ovum Tech Report](https://blog.trginternational.com/hs-fs/file-16961064-jpg/images/ss_analysis.jpg) ](https://blog.trginternational.com/bid/121478/Infor-SunSystems-General-Audience-Campaign-Ovum-Tech-Report) 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. [Read More…](https://blog.trginternational.com/bid/121478/Infor-SunSystems-General-Audience-Campaign-Ovum-Tech-Report) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/bid/121478/Infor-SunSystems-General-Audience-Campaign-Ovum-Tech-Report#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [IFRS](https://blog.trginternational.com/topic/ifrs), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software), [Infor SunSystems](https://blog.trginternational.com/topic/infor-sunsystems) ## [Business Success Comes from Financial Software](https://blog.trginternational.com/bid/162419/Business-Success-Comes-from-Financial-Software) Posted by [Thuy Tien Tran](https://blog.trginternational.com/author/thuy-tien-tran) on Thu, Jan 19, 2012 - [Tweet](https://twitter.com/share) [![Business Success Comes from Financial Software](https://blog.trginternational.com/hs-fs/file-16900604-jpg/images/financial_software1.jpg) ](https://blog.trginternational.com/bid/162419/Business-Success-Comes-from-Financial-Software) 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…](https://blog.trginternational.com/bid/162419/Business-Success-Comes-from-Financial-Software) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/bid/162419/Business-Success-Comes-from-Financial-Software#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [IFRS](https://blog.trginternational.com/topic/ifrs), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software), [Infor SunSystems](https://blog.trginternational.com/topic/infor-sunsystems) ## [The transition from GAAP to IFRS](https://blog.trginternational.com/bid/119123/The-transition-from-GAAP-to-IFRS) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Thu, Jan 19, 2012 - [Tweet](https://twitter.com/share) [![The transition from GAAP to IFRS](https://blog.trginternational.com/hs-fs/file-16985547-jpg/images/us-eu-flags.jpg) ](https://blog.trginternational.com/bid/119123/The-transition-from-GAAP-to-IFRS) 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. [Read More…](https://blog.trginternational.com/bid/119123/The-transition-from-GAAP-to-IFRS) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/bid/119123/The-transition-from-GAAP-to-IFRS#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [IFRS](https://blog.trginternational.com/topic/ifrs), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software), [Infor SunSystems](https://blog.trginternational.com/topic/infor-sunsystems) ## [Business Success Comes from Financial Software](https://blog.trginternational.com/bid/119119/Business-Success-Comes-from-Financial-Software) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Thu, Jan 19, 2012 - [Tweet](https://twitter.com/share) [![Business Success Comes from Financial Software](https://blog.trginternational.com/hs-fs/file-16900604-jpg/images/financial_software1.jpg) ](https://blog.trginternational.com/bid/119119/Business-Success-Comes-from-Financial-Software) 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…](https://blog.trginternational.com/bid/119119/Business-Success-Comes-from-Financial-Software) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/bid/119119/Business-Success-Comes-from-Financial-Software#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [IFRS](https://blog.trginternational.com/topic/ifrs), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software), [Infor SunSystems](https://blog.trginternational.com/topic/infor-sunsystems) [All TRG blog posts](https://blog.trginternational.com/all) [Next](https://blog.trginternational.com/topic/ifrs/page/2) ### Subscribe to TRG Blog Search this blog Search ### Posts by Topic - [Analytics (69)](https://blog.trginternational.com/topic/analytics) - [Business Intelligence (75)](https://blog.trginternational.com/topic/business-intelligence) - [Careers (1)](https://blog.trginternational.com/topic/careers) - [CFOs (80)](https://blog.trginternational.com/topic/cfos) - [Cloud Computing (112)](https://blog.trginternational.com/topic/cloud-computing) - [CSR activities (1)](https://blog.trginternational.com/topic/csr-activities) - [cybersecurity (8)](https://blog.trginternational.com/topic/cybersecurity) - [Digital Transformation (80)](https://blog.trginternational.com/topic/digital-transformation) - [digital workplace (2)](https://blog.trginternational.com/topic/digital-workplace) - [Enterprise Performance Management (EPM) (115)](https://blog.trginternational.com/topic/enterprise-performance-management-epm) - [Enterprise Resource Planning ERP (147)](https://blog.trginternational.com/topic/enterprise-resource-planning-erp) - [ERP (1)](https://blog.trginternational.com/topic/erp) - [Financial Accounting Management Software (319)](https://blog.trginternational.com/topic/financial-accounting-management-software) - [Financial consolidation, planning and reporting (143)](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting) - [Hospitality solutions (128)](https://blog.trginternational.com/topic/hospitality-solutions) - [IFRS (23)](https://blog.trginternational.com/topic/ifrs) - [Inbound marketing (4)](https://blog.trginternational.com/topic/inbound-marketing) - [Infor SunSystems (97)](https://blog.trginternational.com/topic/infor-sunsystems) - [News (9)](https://blog.trginternational.com/topic/news) - [Planning and Budgeting (69)](https://blog.trginternational.com/topic/planning-and-budgeting) - [project management (1)](https://blog.trginternational.com/topic/project-management) - [Retail Management System (130)](https://blog.trginternational.com/topic/retail-management-system) - [Rick Yvanovich (1)](https://blog.trginternational.com/topic/rick-yvanovich) - [Talent Management (355)](https://blog.trginternational.com/topic/talent-management) - [Technology trends (136)](https://blog.trginternational.com/topic/technology-trends) - [TRG (8)](https://blog.trginternational.com/topic/trg) [see all](https://blog.trginternational.com/topic/ifrs/page/1#) Upcoming TRG Events ### Latest Posts ### Most Viewed Posts ### Our Editorial Mission ![Rick Yvanovich](https://blog.trginternational.com/hs-fs/hubfs/RY%20-%20profile%20picture-1.jpg?width=87&name=RY%20-%20profile%20picture-1.jpg)*** ***** Rick Yvanovich** * /Founder & CEO/* With TRG International Blog, it is our mission to be your preferred partner providing solutions that work and we will make sure to guide your business to greatness every day. ### Subscribe to TRG Blog ### Follow TRG Blog TRG International Blog (footer) ![TRG Logo](https://d1cavipgdpnjin.cloudfront.net/wp-content/uploads/2022/05/cropped-icon-1.png) International IT, Talent and F&B - we think it's a great combination. 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