The objective of this project is to integrate eFrame IFRS17 with GUI company's current insurance system. This will allow GUI company to comply with the International Financial Reporting Standards (IFRS) 17, which is a new set of accounting standards for insurance contracts.
If I had to do it again, I would develop our own system to include the IFRS17 calculator to maintain the ERP. I believe that these changes would help to ensure that the development
of the system is successful and that the system meets the needs of GUI
company.