IFRS Reporting and Conversion
Preparation and conversion of financial statements in accordance with International Financial Reporting Standards and alignment with group reporting requirements.
Scope
Service Scope
Preparation of IFRS financial statements
The company's financial statements are analyzed and prepared in accordance with International Financial Reporting Standards and related reporting requirements.
Conversion from local GAAP to IFRS
Local accounting records and financial statements are converted into international reporting formats, reflecting IFRS adjustments and reclassifications.
Group reporting packages
Reporting packages requested by the parent company or group entities are prepared in accordance with IFRS and group accounting policies.
Accounting policy compliance analysis
Existing accounting practices are assessed for alignment with IFRS requirements and group accounting policies.
Preparation of notes and disclosures
Financial statement notes and disclosures are prepared in accordance with IFRS transparency, comparability and disclosure requirements.
Deliverables
Deliverables and References
IFRS financial statements
A set of financial statements prepared in accordance with International Financial Reporting Standards is provided.
IFRS conversion file
A file is prepared documenting adjustments, classifications and reconciliations from local financial statements to IFRS financial statements.
Group reporting package
A financial reporting package is produced in line with parent company or group reporting requirements.
Accounting policy assessment
Assessment identifying differences between company practices, IFRS and group accounting policies.
Notes and disclosures package
Required IFRS financial statement notes and disclosures are prepared.
Our Process
How We Work
Analysis of existing reporting structures
The company's local financial records, accounting policies, chart of accounts and reporting requirements are assessed.
Identification of IFRS differences
Differences in accounting, measurement, classification and disclosure between local requirements and IFRS are identified.
Conversion and adjustment entries
Adjustment entries, classifications and reporting formats required for IFRS transition are prepared.
Reporting and quality control
IFRS financial statements, notes and group reporting packages are prepared, with consistency and quality checks performed.
Industries
Advisory That Understands Your Industry
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