IFRS Implementation and Periodical Reviews
IFRS are a set of accounting standards which consist of accounting rules that determine how transactions and other accounting events must be reported in financial statements. The International Accounting Standards Board maintains and issues the IFRS standards to establish a uniform format for reporting financial statements.
A. Support on IFRS existing standards like:
-
IFRS 9
ECL modelling, gap assessment, classification, measurement and recognition/ de-recognition, complex financial instruments, hedge accounting including effectiveness testing, designation, and documentation. -
IFRS 15
GAP assessment, implementation, review of contracts and complex arrangements and advice on revenue booking. -
IFRS 16
GAP assessment, implementation, review of contracts and complex arrangements, including the ROU and lease liability calculation.
B. Support and guidance on practical applications of different IFRS Standards.
C. IFRS Conversions from other accounting/reporting standards and from IFRS for SME to full IFRS.
Get Free Consultation
IFRS Financial Statement Preparation
Buchprufer’s team of experienced professionals are committed to provide precise and trustworthy auditing solutions
that are crafted to match the unique requirements of your business.