Luxembourg

Details

  • Service: Audit
  • Industry: Financial Services, Banking
  • Type: Business and industry issue
  • Date: 2/10/2011

Impact of IFRS: Banking 

Impact of IFRS: Banking, focuses on providing assistance to those who are considering conversions to IFRS in the banking sector. Whether you are starting a project or considering the impact, the broad overview of topics contained within this publication will help you better understand the implications of an IFRS Conversion.
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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.