IFRS 9 Survival Guide for Financial Services & Insurance Firms
Part 2 of 3: How will IFRS 9 affect your accounting requirements and processes?
Compliance with the complex new IFRS 9 accounting standard for financial instruments will require an overhaul of your accounting processes and IT systems, and the compliance deadline is 2018. The changes will directly impact your accounting department and create a ripple effect across IT and other functional areas across your company. The goal of Axway’s three-part survival guide is to help Risk, Finance, Operations and IT teams understand the ruling, identify the process changes required and chose the best technology.
In Part Two of this guide you will learn:
- Key accounting changes and challenges driven by IFRS 9
- How your current accounting requirements and processes compare with new IFRS-compliant methods
- How to quantify the expected impacts of the fundamental overhaul
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