Conversion to another functional currency – individual workshop

This individual workshop is designed for companies that are converting to another functional currency or are considering a conversion. The workshop addresses procedural as well as professional aspects; it will give you a quick general overview of this complex matter and thus enable you to make strategic decisions in the area of functional currency conversion.

Who are the intended participants?

Management, CFOs and other key personnel making decisions on strategic corporate matters.

Programme

Conditions underlying the conversion to another functional currency.
Process of conversion to another functional currency.
Options of functional currency conversion: outsourcing, own resources, combination of resources.
Software solutions of the conversion to another functional currency: software solutions enabling the application of one or two sets of accounting principles (i.e. either CAS or IFRS, or both, respectively), Excel solution.
We will draft a detailed timetable and a workshop structure tailored to your needs.

Benefits

After completing the course, you will be able to:

Assess the duty to convert to another functional currency.
Assess the benefits and cost-efficiency of various ways of converting to another functional currency.
Define the advantages and drawbacks of individual software solutions.
Assess the benefits or risks of the impacts of strategic decisions upon your company.
Choose a suitable solution for your current situation.