| IFRS has been described as the biggest revolution in the way companies report to stakeholders, in more than two generations.
Its adoption in 2005, by fully listed companies in the UK, has seen significant time and effort applied to deal with the changes in accounting and disclosure requirements.
This first wave of adopters have now reported, learnt lessons and then reported for a second time fixing problems along the way. Now companies listed on the Alternative Investment Market (AIM) are gearing up to prepare their full year results for the first time in accordance with IFRS.
With this in mind, we felt it prudent to share the lessons learned by listed companies.These lessons cover investor communication methods, accounting policy selection, advisor performance and business improvement opportunities.
Download the IFRS Report here >>
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