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Providing assistance in the transfer of the accounting system to the IFRS

If you are unable to prepare statements in accordance with the International Financial Reporting Standards on your own, our experts will help you to do that.

The preparation of financial statements according to the international standards assumes the transfer of the financial statements prepared in accordance with another presentation basis to the statements that comply with the International Financial Reporting Standards. As part of the preparation of financial statements, our experts:

  • conduct preliminary classification of items of the statements and certain business transactions, based on the IFRS requirements;
  • prepare additional calculations on items of the statements, if accounting principles in accordance with IFRS differs from the accounting principles of another presentation basis;
  • offer adjustments for the items of the statements;
  • prepare IFRS financial statements as follows: statement of financial position, statement of comprehensive income, statement of cash flows, statement of changes in equity, notes to the financial statements.

As a result you will get a high-quality transparent statements prepared in accordance with all of the rules of the International Financial Reporting Standards, which you will be able to provide to the auditors to conduct the audit and confirm its reliability.