CASE STUDY | CONFIDENTIAL | PAGE 1 CASE STUDY LEADING CHANGE IN FINANCIAL REPORTING THROUGHOUT THE ACCOUNTING FUNCTION THE CHALLENGE Following instructions from its Japanese parent company, this global food manufacturer was required to change its financial reporting procedures. While the members of the UK accounting team were well versed in UK GAAP, they were not as knowledgeable about current EU endorsed IFRS practices. In order to make the transition as smooth and efficient as possible, the client identified that the team would need training to improve their IFRS knowledge. This would empower them to make informed accounting policy decisions and fulfil their financial reporting obligations, as well as enable them to provide feedba

Join for free to read