Deloitte Canada - The Road to a Cost-Effective Conversion

Deloitte Canada has been publishing a broad range of guidance materials to help Canadian companies address the transition to International Financial Reporting Standards (IFRS). The materials include the Countdown to IFRS newsletter and a series of booklets on The Road to Cost-Effective Conversion. Volume 3 in this conversion series – Maximizing the Return on Your IFRS Investment – has just been published. It offers suggestions on how companies can reduce the costs of conversion by leveraging internal accounting resources, using external resources strategically, and establishing an IFRS-capable financial reporting function for the long term. (Also refer to Volume 1 - Scoping the Effort and Volume 2 - Strategic Choices on the Conversion to IFRS.)