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IFRS Implementation

International accounting standards witness rapid changes recently. As a result, business entities are urged to engage professional accounting firms to assist them with implementing these new changes.

Kreston will assist business firms in having a reliable financial statements and reports by complying with IFRS. To do so, Kreston will provide the following services:

Gap analysis to identify the current situation and the requirements of standards.
Assess the impact of the adoption of standards.
Assist the client with developing accounting policies and procedures for appropriate adoption of the standards.
Develop roadmap for the adoption of standards.
Support the client in the adoption phase.
Provide training courses tailored to each client’s requirements to address the adoption mechanism of the required standards.
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