We provided highly customized IFRS training to IFRS reporting teams in many companies around the world.
OUR QUALITY SERVICES ON
LATEST ACCOUNTING STANDARDS
Currently the financial reporting goes through the biggest change in this century with the introduction of various new accounting standards, The prime impact of these standards lies in the change to the timing of profit recognition and reported earnings.
First-time Adoption of International Financial Reporting Standards.
IFRS 1 requires an entity that is adopting IFRS Standards for the first time to prepare a complete set of financial statements covering its first IFRS reporting period and the preceding year.
The entity uses the same accounting policies throughout all periods presented in its first IFRS financial statements. Those accounting policies must comply with each Standard effective at the end of its first IFRS reporting period.
IFRS 1 provides limited exemptions from the requirement to restate prior periods in specified areas in which the cost of complying with them would be likely to exceed the benefits to users of financial statements.
We have assisted in the IFRS transitioning of international companies in Europe and Asia.
We have prepared IFRS financial statements of multinational corporations, banks, insurance companies, telecoms, energy companies, public sector companies and entities from many different sectors and industries.
We have designed specific training programmes for regional and global finance Share Service Centres.
All of us in our resource group, have led projects for small, medium and large size clients and therefore all of us bring to you knowledge and skills based on experience and best practices. All of us have worked and led teams and projects for the Big 4 and their clients.
Maatmann
Management Team
We have worked one consultancy projects covering implementation of latest IFRS standards and preparation of IFRS reports and financial statements.