IFRS Adoption Services

  • Analyse the existing collection system of primary information;
  • Clarify the existing IFRS provisions and their application to concrete transactions within the scope of the company’s activities;
  • Select the optimum way for the IFRS adoption;
  • Develop accounting policies;
  • Assistance in selection  of functional currency and presentation currency;
  • Calculate the opening balance;
  • Develop a transformation model;
  • Assess the company’s corporate structure to identify subsidiaries and associates which financial information need to be included in the financial statements;
  • Determine the company’s specific industrial characteristics and collect the data required for computing transformation corrections;
  • Perform final transformation of the reporting according to international financial reporting standards requirements;
  • Consult and train personnel on preparation of the financial reporting.

We also offer consulting services on accounting and financial reporting.