With financial accounting and reporting standards in UAE constantly evolving, it might not be possible for organizations who are focused on their core competencies to keep up with the rapid changes. The differences in the methodologies of International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) make the process even more complicated.
The implementation of IFRS standards enables organizations to streamline their accounting procedures and boost productivity. Our advisors’ extensive and pertinent knowledge allows us to offer our clients complex services to help them with all aspects of IFRS.
International Financial Reporting Standards must be adhered to by almost all businesses in the United Arab Emirates with statutory reporting obligations (IFRS). The demand for expert accounting advice has significantly increased as a result of the complexity of financial reporting and the rate of change.
Our professional team, with years of experience in Audit & Advisory Services in the UAE, is well versed in International Financial Reporting Standards (IFRS). We will provide clients with accurate financial statements that accurately reflect the financial position in accordance with the accounting standards set by the standard setters.
International Financial Reporting Standards Advisory
Review and Implementation of New Accounting Standards
Designing IFRS Policy Manual
IFRS transition support
Assistance to IFRS Adopters when Preparing Financial Statements
Training on IFRS