Experience in auditing and financial reporting

We provide comprehensive services to help clients understand and deal with IFRS conversion. We work with:

1. First-time adopters of IFRS standards: We help companies transitioning to IFRS for the first time understand the requirements and impacts.
2. Existing IFRS preparers: We provide support to companies already using IFRS in understanding the proposed changes or updates to the standards.
3. Non-IFRS preparers: We help companies using local GAAP standards deal with the significant changes resulting from convergence initiatives between the International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB).

Comprehensive guidance on financial reporting:

We help you with:

• Understand how changes in standards affect your financial statements.
• Make complex accounting policy decisions with confidence.
• Translating technical impacts into tangible actions that include adjustments to systems, processes, and personnel as well as broader business considerations.

The benefits of effectively managing changes in accounting policies:

• Enhanced competitiveness: Proper implementation strengthens your position in the global marketplace.
• Facilitate the attraction of global capital: Compliance with global accounting standards makes it easier to attract international investors.
• Capitalize on policy options: Understanding options and policies during initial adoption can provide strategic advantages.
• Optimize financial processes: Identifying and implementing improvements in the financial function can streamline accounting processes as well as reduce efforts and costs related to financial reporting.
• Simplify benchmarking: Accurate and timely implementation of benchmarks can facilitate benchmarking efforts with overall performance.

Ultimately, we believe that managing these changes effectively can promote business success and create opportunities for improvement.