Global

Details

  • Service: Audit, Advisory
  • Type: Business and industry issue
  • Date: 1/20/2011

Impact of IFRS: Banking 

Impact of IFRS: Banking, focuses on helping those in the banking sector who are considering converting to IFRS.
In particular, we discuss the top 10 areas that are crucial to the project. We also address ways of driving training and knowledge management into affected teams; and look at the implications for operational performance and measurement, and how to communicate these issues to stakeholders.
Impact of IFRS: Banking
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Topics contained within the publication:


  • Overview of the IFRS conversion process. We look at how the conversion management needs to take a holistic view of the different aspects of the accounting under IFRS and its impact across the entity.
  • “Top Ten” IFRS banking accounting and reporting issues, giving guidance on the key areas of focus that are likely to be the cornerstone of the project.
  • People – knowledge transfer and change management. Ways to drive training and knowledge management into the teams dealing with the changes required.
  • Business and reporting. The issues around operational performance and measurement that needs to reflect the impact of IFRS and how to communicate this to different groups of stakeholders.