System implementation is the practice of creating or modifying a system to create a new business process or replace an existing business process. Technology integration is the practice of integrating multiple system activities to interact and generate information efficiently. In both cases, the system development lifecycle (SDLC) is heavily integrated in these practices. A CPA professional may be involved in designing a system, performing end-user testing, or training others how to utilize the financial system.
||IFRS Compass: IT Systems Implications
The purpose of this book is to provide some initial background about International Financial Reporting Standards (IFRS) and to raise awareness of the potential impact to an organization’s financial systems when undertaking an IFRS conversion project or similar accounting standard conversion project. The following information is discussed throughout this book:
- Background of IFRS and IT impact when converting to IFRS
- IT system and project management considerations
- Example case studies from various companies and organizations and lessons learned
Financial System Considerations in IFRS Conversion Projects
The purpose of this paper is to provide some brief background about International Financial Reporting Standards (IFRS) and provide awareness to the potential impact to an organization’s financial systems when completing an IFRS conversion project.
Big Firm Technology Now Available for Small Firm Budgets
The benefits of the big dollars large firms spend on hardware, software and people, are now available to smaller firms.