IFRS services
For cross-border businesses, having consistent and easily comparable financial information is crucial. International Financial Reporting Standards (IFRS) are a set of global generally accepted accounting principles for companies to use in the preparation of their financial statements, which are particularly relevant for companies with shares or securities listed on public stock exchanges.
Set by the International Accounting Standards Board (IASB), they are applied in over 160 jurisdictions. Our IFRS advisers can help you to understand and apply these complex standards, improving the clarity and quality of the financial information you need to underpin key business decisions.
Keep up-to-date with this evolving, global financial reporting framework
With a deep-rooted passion for the topic, HLB’s dedicated IFRS financial reporting and accounting team utilise our extensive network of experience and business know-how to provide bespoke solutions; to match your current business needs and future strategic plans which will be impacted by your financial reporting data. Our in-country experts offer both best-practice compliance and complex IFRS consultancy services, raising quality standards through ever deeper assurance.
We work with SMEs and large companies across multiple sectors. Our international network of advisors can help you stay up to date with this continually evolving global financial reporting framework with our areas of expertise below and more.
Our expertise
IFRS implementation
Whilst the implementation of high-quality financial reporting standards is challenging, working with our global network of IFRS experts to plan and manage the conversion properly can bring substantial improvements, not only to the quality of financial reporting but also in enhanced controls, increased efficiency, and a reduction in costs.
IFRS advisory
Whether it be assistance with the implementation of a new IFRS standard or the preparation of financial statements utilising IFRS for the first time, our global network of wide-ranging industry experts have their pulse on all the latest IFRS developments, making them well-equipped to answer the industry challenges you may face.
E-learning and standards
The transition to IFRS and staying at the forefront of its ever-evolving financial reporting landscape can be a daunting one, with frequent changes and updates to IFRS making it difficult for companies to follow. As such, HLB can provide you with access to a wide range of thought leadership materials which explore the hot topics in financial reporting and issues that your company may need to consider.
Cross-border business advice
Our IFRS cross-border specialists have a proven track record of working with companies to achieve global consistency in their financial reporting policies and practices, streamlining the financial reporting process to make it sustainable to achieve your reporting objectives whilst providing insight into the impact on your global control environment, systems and business integration.
IFRS and ESG
The impact of climate change is becoming a mainstream part of investment decision making, with increasing demands for companies to provide high-quality, globally comparable information on sustainability related risks and opportunities. Our global network of specialists can provide in-depth analysis on the impact of environmental, social and governance (“ESG”) matters, specifically in reference to IFRS reporting standards.
Learn more about our IFRS services
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