Recent Posts • Latest Topics • Unanswered Questions

At a minimum, a switch to IFRS from GAAP will affect companies' accounting information system by

dillon_green23

wrote...

Go to Answer

Posts: 492

Rep:

5 years ago

At a minimum, a switch to IFRS from GAAP will affect companies' accounting information system by

At a minimum, a switch to IFRS from GAAP will affect companies' accounting information system by

• requiring companies to increase the processing power of their existing accounting information systems.

• requiring IT departments to hire programmers that are fluent in languages besides English.

• requiring the creation of additional fields in research and development (R&D) records to capture information about the stage of research and development that costs are incurred in.

• requiring firms to completely redesign their existing accounting information systems because current systems are not compatible with IFRS accounting principles.

Textbook

Accounting Information Systems

Edition: 14^th

Authors: Romney, Steinbart

Read 103 times

1 Reply

Report

Replies

Answer verified by a subject expert

kamronet

wrote...

Posts: 406

Rep:

5 years ago

More solutions for this book are available here

Report

Related Topics

dillon_green23 Author

wrote...

5 years ago

I appreciate what you did here, answered it right Smiling Face with Open Mouth

Gorgio_De

wrote...

Yesterday

Thank you, thank you, thank you!

homework1

wrote...

2 hours ago

Helped a lot

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1392 People Browsing

106 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

184

239

274

Your Opinion

Previous poll results: Do you trust social media networks with protecting your privacy?

Courses by Biology Forums

Strange Ingredients Lurking in Doritos Chips

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Bonobos, Chimpanzees, and the 98% DNA Link

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.