A European accounting body has commissioned a project funded by the European Commission to assess the impact of the Euro on software systems.
The Federation des Experts Comptables Europeene (FEE) hopes the initiative will be underway by early November and aims to provide users with a diagnostics checklist to see and how and when, if at all, they might want to chance their accounting and other systems, when the Euro is introduced.
John Woodley, technical assistant at the FEE, said: ?We?re looking at what Euro compatibility might mean to systems and and organisations rather than just ensuring everything is technically correct. This project is only one element of what we?re involved in, but our main emphasis is towards practical issues, although political and macroeconomic issues obviously can?t be ignored.?
He added that FEE aimed to provide its members and other interested parties with a source of advice and guidance on the Euro, disseminating whatever knowledge exists and providing technical help for those who needed it.
It has just released the first version of its newsletter, which is available on www.euro.fee.be.
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