“The movement toward International Financial Reporting Standards (IFRS) as a single set of globally accepted accounting standards is quickly gathering momentum. The benefits of IFRS include enhanced comparability and improved transparency of financial reporting.”
A growing number of companies are adopting IFRS as a basis of accounting or parallel reporting, on a voluntary basis or as a result of regulatory requirements.
Implementing IFRS has an impact on all aspects of a company, including financial reporting systems, internal controls, taxes, treasury, management compensation, cash management, and legal, among others.
Our IFRS specialists can assist your conversion to IFRS by providing the appropriate resources, knowledge and practical support in the following areas: