Deloitte Announces Exclusive IFRS Software Tool
NEW YORK -
What: Deloitte’s IFRS Navigator Software Tool to Help Companies Transition from U.S. Generally Accepted Accounting Principles to International Financial Reporting Standards
When: Available immediately
Details: Deloitte’s IFRS Navigator is a Web-based application that incorporates a variety of capabilities and features to support an effective and efficient IFRS transition. With its project management design, IFRS Navigator enables a high level of oversight, governance, and control of IFRS initiatives.
Key features of Deloitte’s IFRS Navigator include capabilities to help define, develop, and track the IFRS assessment and overall work plan; scheduling features to help monitor and track resources and milestones; customizable modules to help identify accounting differences between U.S. GAAP and IFRS; and portals to provide a quick and focused view into tasks assigned to the user.
Deloitte believes that approaching an IFRS transition in a strategic way with the right tools will help companies in their efforts to improve their competence and resource capabilities, keep pace with their competitors, and save time, cost, and effort in the short and long term. D.J. Gannon, partner, Deloitte & Touche LLP, and leader of Deloitte’s IFRS Center of Excellence, is available for press seeking further context.
As used in this document, ‘Deloitte’ means Deloitte & Touche LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
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