With the upcoming transition to IFRS, it's time to consider the impact of the changeover on the IT function and the business.   Gain an understanding of the impacts of the IFRS transition on information technology in areas such as:

• New or changed data requirements,
• Changes to the applications to support IFRS data collection and financial reporting,
• Impact on ongoing pre-existing IT projects,
• The impact on the ongoing processes, policies and key controls and related effectiveness and certifications.

Addressing all the critical steps in the changeover plan is key to ensuring a smooth transition to IFRSs.

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