deen

Auditing

IFRS advisory

IFRS are now recognized as legally valid standards in more than 140 countries worldwide. The EU has also accepted IFRS as an accounting standard and has required publicly traded companies to prepare their consolidated financial statements in accordance with IFRS. In short: for many companies, accounting in accordance with IFRS is simply a legal requirement; for others, it is necessary following an acquisition as part of an M&A transaction, the entry of an investor or an IPO. For all others, it is an opportunity to open up to new investors.

For com­pa­nies ope­ra­ting in­ter­na­tio­nally, ac­coun­ting on the ba­sis of glo­bally uni­form ac­coun­ting and re­por­ting re­gu­la­ti­ons can bring con­side­ra­ble ad­van­ta­ges.

At the same time, howe­ver, the com­ple­xity of the re­gu­la­ti­ons and their con­stant fur­ther de­ve­lop­ment pre­sent com­pa­nies with ma­jor chal­len­ges. It is not un­com­mon for the IASB's IFRS stan­dard set­ting to lead to dif­fi­cul­ties of in­ter­pre­ta­tion in com­pa­nies' fi­nan­cial and ac­coun­ting sys­tems and doubts as to how they should be im­ple­men­ted in prac­tice. In ad­di­tion, the change in ac­coun­ting stan­dards is not only a chal­lenge for com­pa­nies and their em­ployees - it also has far-re­aching ef­fects on in­ter­nal sys­tems and pro­ces­ses. Wi­thout ex­pert know­ledge, the cor­rect im­ple­men­ta­tion and ap­pli­ca­tion of IFRS is the­re­fore dif­fi­cult to handle.

With our ef­fi­ci­ent and prac­tice-ori­en­ted ap­proach, we pro­vide you with ex­pert ad­vice and work with you to de­ve­lop a tailor-made so­lu­tion for each is­sue.


Publications

no­vus IFRS 3rd Edi­tion 2023

to the PDF download