IFRS – An Opportunity for Asset Utilisation. By Karen Conneely

Organisations may have made the somewhat painful move to IFRS, yet despite the significant changes to asset valuation and management, many are still relying on inaccurate and inefficient spreadsheet based processes. The adoption of a fixed asset register will not only streamline year-end audits and reduce reliance on specific, skilled personnel but will also provide the detailed insight into corporate assets required to attain maximum asset utilisation across the business.

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