The stakes:
The requirement to comply with IFRS standards in Europe from 2005 resulted in significant changes which firms have to deal with. They have to:
· Simulate the impact of the transition to the new standards.
· Explain the differences of the new standards to the relevant financial information users.
· Review the procedures and information systems for incorporating the new standards.
· Train employees on the new concepts and maintain their competencies.
To succeed, the firm has to enhance and reinforce its competencies. CBM assist in this endeavour.
CBM services:
· To mobilise and prepare the company to the challenges resulting from the financial harmonisation changes.
· To advise and assist in the realisation of the transitional project.
· Diagnostic: identification, evaluation, and resolution of technical issues on all aspects of Financial Reporting: evaluation, presentation, disclosure.
· Personalised follow up and coaching of the key players.
· To train and develop relevant competencies
· Identifying the firm's needs and designing a plan of action to be implemented
· Identifying and designing the tools required to implementing the changes
· Prepare and run workshops and training courses, and other actions decided in the action plan.
CBM will guide you through all the steps of your project to implement IAS.
