Ghanaians are being urged to begin their readiness assessments immediately after the deadline for early or voluntary adoption, according to a panelist at the International Financial Reports Standards (IFRS) summit in the capital, Accra, in which they spoke to the BBC on sustainability and climate-related disclosure standards.. (). Here, The BBC has learned about how to tackle the risks of the new financial reporting standards, and how the process is handled by the industry, as part of efforts to improve transparency and effectiveness of international accounting rules, writes deloitte chief executive Kwabena Situ, who has called for the organisation to be given assurances to help ensure the country s business processes remain adequate to meet its targets, saying it is kick starting the whole process for them to comply with sustainable growth and governance goals. Why is it important to take steps towards making improvements, asks the head of Deloitte to warn organisations about the need to do so without delay and seek guidance from the Institute forChartered Accountants (ICAG) to find out why it does not always reached enough to make it harder for companies to get the chance to achieve successful changes to its standards and take action to protect themselves from failures and failing to follow the current levels of regulatory reforms? Another expert has warned that companies should be prepared to use the same ways to change the way it works.
Source: myjoyonline.comPublished on 2024-08-20
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