IFRS Conversions
Local GAAP conversion to IFRS require in depth technical understanding of not only the accounting differences, interpretations and potential approaches but also understanding the business implications such as tax relationships, financial disclosures, system changes and training of staff. We offer a range of services to assist in converting to IFRS, including scoping the effort, enabling the resources, executing the conversion plan and monitoring the process.
Our IFRS service offerings:
- Assists clients across all activities leading to preparation of first IFRS financial statements.
- Sign off, implement and roll out developed IFRS solutions.
Other IFRS Related Services:
- Advisory on complex areas and standards including accounting issues, technical opinion on accounting matters that are aligned with the business objectives, and advisory on new IFRS standards.
- Design new IFRS accounting policy manuals and update existing accounting manual in line with adopted IFRS.
- Ongoing accounting support including period preparation of IFRS complaint financial statements.
- IFRS training to accounts and finance team and accounting and financial reporting workshops.
IFRS Conversions
Local GAAP conversion to IFRS require in depth technical understanding of not only the accounting differences, interpretations and potential approaches but also understanding the business implications such as tax relationships, financial disclosures, system changes and training of staff. We offer a range of services to assist in converting to IFRS, including scoping the effort, enabling the resources, executing the conversion plan and monitoring the process.
Our IFRS service offerings:
- Assists clients across all activities leading to preparation of first IFRS financial statements.
- Sign off, implement and roll out developed IFRS solutions.
Other IFRS Related Services:
- Advisory on complex areas and standards including accounting issues, technical opinion on accounting matters that are aligned with the business objectives, and advisory on new IFRS standards.
- Design new IFRS accounting policy manuals and update existing accounting manual in line with adopted IFRS.
- Ongoing accounting support including period preparation of IFRS complaint financial statements.
- IFRS training to accounts and finance team and accounting and financial reporting workshops.