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IFRSTRACK is the answer for small and medium sized businesses searching for a solution to guide them through the intricacies of GAAP conversion. IFRSTRACK allows a firm to move quickly from establishing a conversion plan through the use of pre-defined templates to assigning responsibilities and monitoring the conversion process through real-time workflow and reporting tools.
IFRSTRACK provides as phased work plan for conversion that is specific to the issues facing CFO's in differing industries. It allows for the creation of the project plan, the identification of significant accounting policy changes and the management of concurrent dual reporting for existing GAAP and IFRS.
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