Who is this document for?

This white paper is written for professionals in retail organizations who are involved with accounting decisions. This may include senior executives, information technology, finance, and more.

What will I learn about?

While the thought of a significant change in accounting practices is likely to give most business owners pause, the leap from retail to cost accounting is not an overwhelming prospect when enabled by the appropriate technology.
This white paper explores:

  • RMA and CMA in detail
  • The IFRS’s stated position on the two methods
  • How retailers can transition from RMA to CMA
  • The benefits of making the transition
  • A Q&A with Mi9 Retail’s CTO
RMA to CMA: Making the Transition from the Retail Method to the Cost Method of Accounting