Preliminary Study |
Initial Conversion |
Integrate |
Implement |
|
Evaluate IFRS and Indian GAAP Differences
Evaluating and Selecting IFRS Accounting Policies
Broad Based Assessment of IFRS Impact
|
Creating IFRS Financial Statements during the DUAL Reporting period. |
Proper Reconciliation To ensure Correctness
Update SOP ' s
|
Communication |
Stakeholders Representation |
Information Requirement Planning
Process Analysis
Develop Change Strategy
|
Custom Code Interfaces, Extensions
Solution Design, Build & test
Security & Controls
Cutover Planning
Manage the change
Systems Integration Testing
|
Platform For Regular Updates From IASB
Infrastructure Management
|
Knowledge Management |