Transition to IFRS

Cost-effective support to ensure a successful transition to IFRS. The training was to be delivered in such a way that the skills developed were consistent across the company. The training wasn’t supposed to end at the end of the course but was to be continued for two years, starting six months before the transition and continuing 18 months afterwards.

All training and services had to be available online to serve all 350 accountants across Europe.

We developed a innovative web-based i-Learning platform (Innovative, Internet-based and for the Individual) that was easily accessible to all and provided them with the skills needed at work and applied immediately.  The i-Learning enabler provided (1) rich IFRS content, (2) a search engine to narrow down topics to those needed at the moment in the work, (3) self-test tasks to motivate and consolidate knowledge, (4) a messaging system between participants and trainers to support self-learning, (5) self-selected modules for CPD training, (6) feedback and additional resources generated by the tutor based on needs and collected in a special folder for future use and application, (7) individual training history and (8) an HR App to ensure that the whole group moves as one.

Participants were divided into groups according to their respective learning paths. Each country had its own HR App while the Global HR had its own App viewing progress across countries.

The transition to IFRS was a huge success.