IFRS

 

The IFRS Implementation is considered to be complete when an organization is able to report under IFRS with its own financial reporting system, and without external support. Read more »

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The overall objective of Phase 4 of the 5 Phase IFRS Project model (Implementation), is to sign off, implement, test and roll out solutions developed in the solution development phase. Read more »

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The purpose of Phase 3 of the 5 Phase IFRS Project model (Solution Development) is to select accounting, reporting and tax solutions in compliance with IFRS requirements… Read more »

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The goal of Phase 2  of the 5 Phase IFRS Project model (Design and Planning) is to set up the structure and project management organization. Read more »

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The goal of Phase 1 of the 5 Phase IFRS Project model is to identify changes, differences, and business consequences of the IFRS conversion… Read more »

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In successfully planning any project, one very useful tool is a project management model. The 5 Phase model for conversion of Canadian GAAP to IFRS is discussed in this web-site. Read more »

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