International Financial Reporting Standards IFRS Adoption

Implementing International Financial Reporting Standards (IFRS) implies adjusting accounting practices and preparing financial statements that comply with the international standards set by the International Accounting Standards Board (IASB).

For an auditing firm, this service involves assisting and guiding clients in transitioning from their local accounting practices to the IFRS framework, ensuring that financial information meets the criteria of transparency, comparability, and credibility at a global level.

We provide:

• Insurance compliance with IFRS requirements, according to their economic sector and company category.
• Clarity of financial statements and comparability with those of other national and international companies.
• Financial statements with greater credibility for banks, investors, capital funds, and potential strategic partners.
• Management of more understandable, consistent, and functional information for financial and strategic administration.
• Ease of our clients’ participation in international markets, tenders, and commercial alliances requiring IFRS reports.
• Implementation of more robust accounting practices that more realistically reflect the company’s financial and operational situation.