IFRS

In the Shop: IFRS ICV Statement

IFRS and its significance for controllers

by Walter Schmidt, Christina Keindorf, Andreas Krimpmann, Manfred Blachfellner, Peter Lorson, Stefan Müller, Wolfgang Berger-Vogel, Holger Böge, Jörg Dannheim, Eva Dornauer, Christian Engelbrechtsmüller, Siegfried Gänßlen, Enver Hirsch, Heimo Losbichler, Norbert Mayer, Steffen Moussallem, Gerhard Radinger, Lukas Rieder, Wolfram Spengler, Inge Wulf

This statement from the International Controller Association looks at the impact of the International Financial Reporting Standards (IFRS) on the role of controllers. It analyzes the central requirements of IFRS for controller services as well as the challenges and opportunities arising from the transition to IFRS.

The expert working group highlights essential points of contact between IFRS and controlling and addresses the conflicts of interest arising from the introduction and application of the standards. The proposal for harmonizing the income statement shows a practicable way of integrating the information required internally and externally.

The statement also offers recommendations for preparing ICV members for the transition to IFRS and provides helpful tips for the long-term implementation of IFRS requirements in controlling.

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Über den ICV

Der Internationale Controller Verein (ICV) hat in 50 Jahren für Controlling und ControllerInnen gleichermaßen Standards gesetzt und ist heute die Kompetenz-Adresse für Controlling Excellence in Europa. Die rund 6.000 Mitglieder – rund 260 Firmenmitglieder – profitieren von einem weit gespannten Netzwerk, zentralen AnsprechpartnerInnen, hochkarätigen Fachveranstaltungen, Awards für exzellente Arbeiten sowie von mehr als 60 Arbeitskreisen. Diese sind regional ausgerichtet, widmen sich bestimmten Branchen oder Fachthemen.

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