Implementation

The final phase of the IFRS conversion process is implementation and includes the following steps:

• Assist with the conversion of the transitional opening balance sheet, comparative interim and year-end financial statements.
• Develop strategies for external communication – manage message to analysts and market regarding the expected impact of adopting IFRS.
• Assist with change management and internal communication.
• Assist with the conversion of merger and acquisition targets’ accounting.
• Provide tax planning advice regarding the change to IFRS.
• Review of final IFRS financial statements.
• Assess internalization of IFRS processes.

To find out how MNP can help you make the transition to IFRS, please contact your local MNP advisor or call Jason Kingshott, CA, at 1.877.500.0792.