IFRS advisory

Services for IFRS covers potential areas as under:

Assist Audit Committee / Board of Directors.
Assist management in:
     o Identifying impact on existing controls.
     o Identifying process changes.
     o Identifying IT system changes.
     o Reviewing proper implementation of new controls.
     o Documenting new procedures / controls.
Assist management in IFRS convergence project
     o Pre-implementation: Reviewing convergence project, Performing readiness testing, reviewing management budgets, etc.
     o During transition: Testing effectiveness of new controls and proper implementation.
     o Post-implementation: Testing high risk areas for accuracy and adequacy of MIS.