ifrs

IFRS

International Financial Reporting Standards (IFRS) are accounting standards to provide a common accounting language to increase transparency in the presentation of financial information.

IFRS brings transparency by enhancing the international comparability and quality of financial information, enabling investors and other market participants to make informed economic decisions.

The following implementations are some of our services that provide Financial Reports (Balance Sheet, Cash Flow Statement, Statement of Profit and Loss , Statement of Changes in equity etc.) to our customers in accordance with IFRS. Our solution-oriented, forward-looking, highly experienced IFRS consultant team with constructive approach will deliver your IFRS requirements in most efficient way. 

Our services include;

  • Manual Accounting Postings ( AJE -Adjustment Journal Entry)
  • Process of Regrouping (RJE – Reclassifying Journal Entry)
  • Ledger Approach (New GL functionality and maintaning parellel ledgers)
  • Alternative Valuation Run (AVR) for actual material costing
  • Asset Accounting (AA)
  • Valuation of Exchange Rate Difference
  • Rediscount of Debits and Credits 
  • Discount of Accounts Payable and Receivable
  • Discount of Purchases
  • Discount of Sales