- To assess the impact of implementation of IFRS
- To ensure you have enough people with the right skills to complete the transition and embed the necessary changes within the company
- To be sure of the additional data you are required to collect and that your systems are able to produce that data
- To optimise all decisions related to IFRS transition and ensure that any wider business opportunities are considered
- To know the impact on reported performance measures and whether your profit is likely to be more volatile
- To understand the changes affecting financial instruments, pensions, and tax as well as how the standards are likely to impact your industry
- To integrate IFRS and improve reporting processes, systems and controls
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- Objective evaluation of project processes, controls, and deliverables
- Transition IFRS project management tool
- Advice on adapting processes, systems, data, and manuals
- Advice on communicating with key stakeholders
- Training and ongoing coaching support
- Technical accounting advice and support tools, relating to:
- Identification of significant differences between current GAAP and IFRS
- Determine what financial and non-financial disclosures are required
- Financial instruments and hedging
- Employee benefits and share compensation programs
- Purchase price allocation related to business combinations
- Valuation and impairment testing
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