Accounting Standards

IFRS (IAS) standards

The stakes:

The requirement to comply with IFRS standards in Europe from 2005 has resulted in significant changes which firms had have to deal with. They had to:

• Simulate the impact of the transition to the new standards;
• Explain the differences of the new standards to the relevant financial information users;
• Review the procedures and information systems for incorporating the new standards;
• Train employees on the new concepts and maintain their competencies.

To succeed, the firm has to enhance and reinforce its competencies. Oui Global will assist in this endeavour.

Oui Global services:

• To mobilise and prepare the company to the challenges resulting from the financial harmonisation changes;
• To advise and assist in the realisation of the transitional project:

- Diagnostic: identification, evaluation, and resolution of technical issues on all aspects of Financial Reporting: evaluation, presentation, disclosure;
- Personalised follow up and coaching of the key players.

• To train and develop relevant competencies:

- Identifying the firm's needs and designing a plan of action to be implemented;
- Identifying and designing the tools required to implementing the changes;
- Prepare and run workshops and training courses, and other actions decided in the action plan.

Oui Global will guide you through all the steps of your project to implement IFRS.