Implementing IFRS has an impact on all aspects of a company, including financial reporting systems, internal controls, taxes, treasury, management compensation, cash management, and legal, among others. It requires a transformation that involves employees, processes, and systems. Our professionals have a track record of working with companies to achieve global consistency in their financial reporting policies and practices and to seize the opportunities IFRS offers. These member firm professionals have extensive experience in helping clients plan and execute complex and challenging IFRS first time implementation, and can provide assistance with all facets of the implementation process, helping companies:

 

    • Evaluate the potential impacts of IFRS
    • Assess readiness for IFRS conversions
    • Prepare a detailed implementation plan