The responsibility for the preparation of the financial statements in accordance with International Financial Reporting Standards (IFRS) rests with the company’s management. The nature of the responsibility of the management requires a high level of integrity and ethical behavior.
We help our clients to adequately meet the above responsibility by providing quality IFRS support services in order to ensure that the financial statements provide financial information about the reporting entity that is useful not only to existing shareholders but also to other stakeholders such as potential investors, lenders and other creditors in making decisions about providing resources to the entity.
It is critical that the concepts of faithful representation and verifiability are applied in the preparation and disclosure of financial information. By working together with management, we ensure that financial statements are complete and accurate to the highest extent, thus giving the financial statements added credibility.
We can prepare IFRS financial statements in line with the provisions of all IFRS as well as all the provisions of all interpretations issued by the International Accounting Standards Board (IASB). This includes compliance with all disclosure requirements of IFRS enhancing the relevance and credibility of financial statements
Conversion of financial statements to IFRS
We can convert the financial statements that have been prepared under a different reporting framework to IFRS by applying the provisions of relevant IFRS’s as appropriate to the specific areas affecting the reporting entity
We can design and deliver appropriate training courses to meet specific needs of our clients whether it be on particular IFRS’s or to changes in IFRS’s
We can provide ongoing or ad-hoc IFRS consulting services designed to assist our clients address the adoption of a new IFRS or to interpret a provision of a particular IFRS