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Five questions CIOs Need to Consider Now

Whilst the conversion to International Financial Reporting Standards (IFRS) may be a finance-led initiative, it still has a significant impact on several aspects of a company, including the information technology function. IFRS presents an opportunity for the Chief Information Officer (CIO) to understand the requirements of the business and design a conversion plan that takes advantage of project synergies and embeds change throughout the organization to create an efficient business structure going forward.

The following publication addresses five major questions that CIOs need to consider as part of their organization's overall adoption. The answers reveal the key roles that information technology can play in an integrated IFRS project.