Sales tax harmonization in Ontario next July 1, 2010 appears closer to reality with Ontario’s Bill 218 receiving third reading on December 9, 2009 and the federal government’s Bill C-62 receiving second reading in the Senate on December 11, 2009. Read More
The purpose of this blog is to provide readers with a basic IFRS Conversion Project Management “Road Map”. Read More
Newsletter Content
• IFRS – Latest Buzz
• IFRS – Private Companies
• IFRS – Revaluation Model for PP&E
• IFRS - Fair Value issues
• Bill 198 / SOX – 10 Steps to Efficiency Read More
Essential Workstreams are those areas which represent principle working groups responsible for achieving objectives in each Phase of the 5 Phase IFRS conversion project. Read More
The IFRS Implementation is considered to be complete when an organization is able to report under IFRS with its own financial reporting system, and without external support. Read More
The overall objective of Phase 4 of the 5 Phase IFRS Project model (Implementation), is to sign off, implement, test and roll out solutions developed in the solution development phase. Read More
The purpose of Phase 3 of the 5 Phase IFRS Project model (Solution Development) is to select accounting, reporting and tax solutions in compliance with IFRS requirements... Read More
The goal of Phase 2 of the 5 Phase IFRS Project model (Design and Planning) is to set up the structure and project management organization. Read More
The goal of Phase 1 of the 5 Phase IFRS Project model is to identify changes, differences, and business consequences of the IFRS conversion... Read More
In successfully planning any project, one very useful tool is a project management model. The 5 Phase model for conversion of Canadian GAAP to IFRS is discussed in this web-site. Read More