Advice on
IFRS
Even with the International Accounting Standards Board (IASB) interpretations guidance, the International Financial Reporting Standard (IFRS) may prove to be unclear on certain matters and finding the right answer, in line with your business needs, may prove to be an overwhelming task. We will provide you with consistent, high quality advice that addresses all issues to achieve the maximum benefits for your company, and is in line with the evolving and complex changes.
Our team has gained significant expertise from assisting companies in different industries and is able to provide professional experience to IFRS issues that affect your business and specific transactions through technical support and advice on their implementation.
Financial statements are not just a statutory obligation; they are a window to investors, lenders and suppliers, present and future and high-quality reporting can add significantly to the credibility of your market offering.
We can help explore your IFRS options taking into account your long-term ambitions as well as ensuring the key areas that investors specifically look for are covered.
The IFRS Advice
Desk Offers Advise:
We start by working with you to gain a deep understanding of the transactions that make up your financial statements
Our service will be tailored to meet your individual needs, but typically we will draft your statutory financial statements, including performing a thorough review of the transactions and balances to ensure they are accounted for in accordance with IFRS
We will keep in touch with you during the year to ensure you have the necessary year end information.
We will ascertain the most appropriate accounting treatment for unusual or complex transactions.
On the occasion of the adoption of a accounting policy or on the conduct of a specific accounting transaction
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Outsourcing our work to Fin-eX has been a good business decision for my small CPA firm. I do not need to worry about processing small tasks and can focus on giving qualify advise to the clients. I have started engaging with more potential customers due to the time saved.
Very well managed. My initial effort was spent in training and communicating with their staff. Took a few weeks for them to understand our process. Now we are very happy with how the work is progressing.
When we took the free trial – we were a bit sceptical about the whole outsourcing process. There were some initial hic-ups as I am very particular about providing high-quality services to my clients. Their senior managers were in constant communication with me almost 24/7. I was able to streamline the whole process and now am very pleased with their service.