Search found 4 matches

by MTTTT
21 Oct 2023, 20:58
Forum: IFRS-related topics
Topic: Restructuring
Replies: 8
Views: 975

Re: Restructuring

Sticking to the standard definition (i.e. programme that materially changes the scope of activity or the manner business is conducted), not sure how such IT programmes can have this kind of impact, even if it will definitely drive simplification.
by MTTTT
21 Oct 2023, 16:15
Forum: IFRS-related topics
Topic: Restructuring
Replies: 8
Views: 975

Re: Restructuring

Global communication has started. But for the first years, impacts are expected mainly at business process and IT levels. Personal costs impact (redundancies) should occur towards the end of the deployment plan.
by MTTTT
21 Oct 2023, 12:07
Forum: IFRS-related topics
Topic: Restructuring
Replies: 8
Views: 975

Re: Restructuring

Both provisions (redundancy packages, retention bonus and termination fees) and P&L classification.
Thank you!
by MTTTT
20 Oct 2023, 18:53
Forum: IFRS-related topics
Topic: Restructuring
Replies: 8
Views: 975

Restructuring

Hi everyone, Wanted to have your view on the following topic. Could the implementation of a new unique ERP (cloud) and its set of interfaced applications across a group that operates internationally be classified as restructuring? It would take 4 to 5 years to implement and generates savings around ...