For many businesses, transitioning to IFRS can seem daunting – the standards are unfamiliar, and execution can be consuming.
CAC Consulting’s IFRS Consulting services are carefully tailored to individual clients in order to reflect the specific operational, regulatory, and financial risks they face. Our dedicated service teams help you navigate the process from start to finish, ensuring efficient change and minimum disruption to your business. Our senior-level professionals remain accessible throughout the engagement and are backed by the global resources one of the world’s largest accounting and consulting networks.
CAC Consulting’s IFRS conversion process is broken down into four phases:
Phase 1: Preliminary Impact Assessment
Phase 2: Detailed Assessment
Phase 3: Implementation
Phase 4: Post Implementation Review
We begin working with your financial and operational professionals immediately in order to gather information and design the most efficient procedures possible. During execution our professionals will communicate regularly throughout the project in order to avoid unforeseen events and to enable smooth and timely completion.