Accounting Firm in Dubai

IFRS Advisory Services

What is IFRS Advisory?

IFRS Advisory refers to the use of International Financial Reporting Standards, which provide guidelines for creating financial statements. These rules are applied globally, making it easier to compare financial statements and ensure they are reliable and consistent. The IFRS guidelines are established by the International Accounting Standards Board (IASB), and following them helps promote transparent and credible business practices. It is essential for companies to adhere to IFRS protocols to maintain reliable financial reporting standards.

IFRS Advisory Services in Dubai, UAE

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.

Why are IFRS Advisory is important in UAE?

The UAE is a hub for international business, with a diverse economy and a large number of multinational companies. IFRS compliance is essential for companies that want to compete in the global marketplace. By adhering to IFRS standards, companies can improve transparency, accountability, and investor confidence.

IFRS Advisory

Benefits of IFRS Advisory in the UAE


What services are included in IFRS Advisory ?

IFRS Advisory can include a range of services such as IFRS training, IFRS implementation assistance, IFRS compliance and reporting, and IFRS impact analysis.

ow can IFRS Advisory benefit my company?

IFRS Advisory Services can benefit your company by helping ensure compliance with international accounting standards, improving transparency and comparability in financial reporting, and enhancing the credibility of financial statements.

Who provides IFRS Advisory Services?

IFRS Advisory Services are provided by accounting firms, consulting firms, and specialized IFRS advisory firms.

How long does it take to implement IFRS?

The time it takes to implement IFRS depends on the complexity of the organization and the scope of the implementation. It can take anywhere from a few months to a year or more.