Recent TRG blog posts

A new accounting standard, 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.

Blog Topics: Financial consolidation, planning and reporting, IFRS

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.

Blog Topics: Financial consolidation, planning and reporting, IFRS

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).

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

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

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

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.

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

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.

Blog Topics: IFRS, Financial Accounting Management Software

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.

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

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.

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

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.

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

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.

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