Tag: FASB

Sep 13

Dear IASB

Comments on Exposure Draft ED/2013/6 I generally welcome the reconsiderations of the IASB and FASB Boards in response to the feedback on the first exposure draft, ED/2010/09. However a number of issues, inconsistencies and unnecessary complexities remain. I summarise my main concerns below. Letter to IASB re Leases ReExposure Draft

Permanent link to this article: http://transformingfinance.eu/dear-iasb/

May 01

Go Forth and “Multi-”ply

Going multinational opens up multiple extra dimensions in system complexity. The biggest strategic efficiency for multinational systems is gained by having front-end, administration and accounting systems that can travel in these extra dimensions Multi-Format – Culture-specific number formats (thousand and decimal separators) currency symbols (prefixes or suffixes) and date formats are essential to present users …

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Permanent link to this article: http://transformingfinance.eu/go-forth-and-multi-ply/