To achieve the expected outcomes of the conversion to IFRS, Canadian companies can draw on the experience of others – for example Europe and Australia, as the Canadian approach is developed. Read more »
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Lessons Learned
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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Phase 5 of the 5 Phase IFRS Conversion Model,
Post Implementation,
Project Management
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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Implementation - Phase 4 of the 5 Phase IFRS Conversion,
Project Management
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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Solution Development - Phase 3 of the 5 Phase IFRS Conv
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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Phase 2 of the 5 Phase IFRS Conversion Model,
Project Management
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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Phase 1 of the 5 Phase IFRS Conversion Model,
Project Management