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