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Details

Service: Audit, Audit
Industry: Industrial Markets, Automotive
Type: Business and industry issue, Regulatory update
Date: 2/15/2011

Impact of IFRS: Automotive

Many countries around the world are taking the important step towards adoption of a single set of high quality, global accounting and financial reporting standards. Automotive industry executives are looking for guidance on how the change to IFRS will impact their financial reporting process and trying to gauge some of the obstacles and challenges of a conversion to IFRS so that they can plan accordingly.

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Impact of IFRS Automotive - January 2011 (PDF, 3,29 MB)

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This document explores the key accounting issues across original equipment manufacturers (OEMs), suppliers and vehicle dealerships within the automotive industry. It also analyses how conversion may affect information technology and systems, people, and business processes and reporting.

© 2013 KPMG Hungária Kft., a Hungarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

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Details

Impact of IFRS: Automotive