IFRS standards play a pivotal role in global financial reporting as countries across the globe are embracing them. The rules are being revised frequently to present useful and relevant information transparently to users thereby bringing fundamental changes to accounting processes for financial statement preparers.
Our team of advisors are always up-to-date on the impacts in different entities and well placed to assist you in implementing and providing expertise on the transitioning implications of these new developments in international accounting standards.
With a sound financial reporting knowledge and industry experience, our practitioners can design/engineer accounting and financial reporting processes without much hassle.
Our IFRS Advisory Services on Financial Reporting include:
IFRS adoption and implementation.
Implementation assistance with complex standards such as IFRS 9 and IFRS 15.
Performing GAP analysis on your systems and process.
Impairment testing and modelling.
Revenue Recognition Processes and Controls.
Training and knowledge transfer process.
Preparation and development of reporting manuals.
Developing a plan for sustainability.
Assistance with redrafting of IFRS accounting policies in line with changes in accounting standards or adoptions.
We promise our clients a smooth and timely completion of the transition, with morale and authority.