RE: accounts22 Jan 2018 12:32
Certainly looks like you may of hit the nail on the head as it doesn't sound like a very easy task. Mind if you're setting up a world class mine then it's a hoop that needs gone through!
In summary, transition to IFRS accounting is not only an exceptionally complex and time-consuming endeavour, but it's also a challenge which an isolated accounting area is unable to cope with by itself, meaning that the entire company needs to adopt the IFRS way of thinking.
GLA