Essential Services
In-depth support encompasses a full range of consulting services that guarantee comprehensive support for your company in the process of transitioning to IFRS and preparing of IFRS financial statements.
Details
- Stage 1: Diagnostics 鈥� an in-depth, detailed analysis of your company鈥檚 current situation regarding accounting and reporting readiness for transitioning to IFRS, as well as the identification of any key issues (including analysis of primary documents).
- Stage 2: Methodology and transformation 鈥� 乐鱼(Leyu)体育官网 provides methodological support to facilitate the development of models and algorithms for calculating IFRS adjustments and completing transformation tables for transitioning from Ukrainian GAAP to IFRS.
- Stage 3: Preparing draft IFRS financial statements 鈥� 乐鱼(Leyu)体育官网 helps your company to prepare a package of financial statements, including notes for interim and/or annual financial statements.
- Stage 4: Accounting policy 鈥� 乐鱼(Leyu)体育官网 helps your company to prepare a draft IFRS-compliant accounting policy that takes into account tax and regulatory requirements, and the specifics of your company鈥檚 business operations.
- If requested, 乐鱼(Leyu)体育官网 can further analyse and identify the potential tax implications and risks associated with your company鈥檚 transition to IFRS.
Benefits and Opportunities
- Your company gets a comprehensive and high-quality 鈥榯urn-key project鈥�, preparing for its transition to IFRS.
- Producing financial statements in accordance with all IFRS requirements minimises the risk of needing to make adjustments in following reporting periods.
- Your company will painlessly adopt the best IFRS practices with the help of 乐鱼(Leyu)体育官网 specialists.
- This service is flexible and encompasses the transition of one or several separate business components, or a combination of components.
- Support from 乐鱼(Leyu)体育官网 specialists will simplify and ease the process for mandatory audits of your company鈥檚 annual financial statement