Jefferson Wells—a global provider of internal audit, technology risk, tax, and financial advisory services—recently announced the development of an online calculator designed to help companies determine next steps and best practices as they move forward in preparation for international financial reporting standards.
The interactive calculator provides organizations with 18 questions created to spur discussions and help determine their readiness to transition to IFRS. The answers aim to help companies gauge when they should start transition efforts, identify potential improvement opportunities that would strengthen current operations, and lay a stronger foundation for the eventual adoption of IFRS.
