
IFRS Reporting
As organizations grow and aim to offer public offerings and globalization, the transition to comply with the full International Financial Reporting Standards (IFRS) has become a requirement. The complexities of transitioning to the full IFRS pose a considerable drain on time and resources for any financial department, requiring potentially hundreds of hours of work to deal effectively with all matters arising.
Using specialist teams, we can provide training and assistance, managing the complete transition process, ensuring that they have the resource they need, for the period that they need it.
We offer a four-stage process for clients requiring transition to the full IFRS, including:
Preliminary fact assessment
Detailed planning
Implementation
Post-implementation review.
Whether it is describing the differences in reconciliations of published accounts or providing a clear audit trail for boards and auditors, our conversion tools and proven methodology can ensure a smooth and painless transition to IFRS.
