The emergence of new IFRS standards could significantly change how entities recognize, measure and disclose their revenues, expenses, assets and liabilities.
As a result of new IFRS standards such as IFRS 9 — Financial Instruments, IFRS 15 – Revenue from Contracts with Customers and IFRS 16 – Leases, all entities will likely have to consider and implement massive changes in their internal operations. Management will need to perform a comprehensive review of existing contracts, business models, accounting policies, IT systems and internal processes and controls to assess the extent of changes needed because of the new IFRS standards. We offer our technical expertise to help you go through the exciting journey of implementing a new IFRS standard.
We work with clients across the consumer markets, technology, transportation and logistics, industrial manufacturing, engineering and construction and automotive industries to adapt and thrive under the new reporting requirements.
Our IFRS implementation services include:
- Full outsourcing of implementation;
- Consultation on the various steps of the implementation process.
We offer additional services, including:
More than 30 jurisdictions across Europe require IFRS standards for listed financial institutions or public interest entities (PIEs). Others are on the path to either full acceptance or – at the very least – dual compliance. We can help you be compliant and confident in your numbers.Learn more
In modern capital markets, accounting and financial reporting are becoming increasingly complex. IFRS issues need to be anticipated in advance and resolved timely in order to preserve the value of the business and avoid regulatory sanctions. Let us help with that.Learn more