Preparing your financial statements under IFRS is challenging for any business.
Each year the International Accounting Standards Board (IASB) publishes new Standards with the potential to significantly impact both the presentation of the primary statements and the accompanying disclosures. Therefore our two annual recurring publications for both interim and year-end financial statements are very useful in understanding the new disclosures that are applicable each year if your the basis of accounting is IFRS as issued by the IASB.
There are a number of best practices when preparing and presenting financial statements. To enable yourfinancial statements to be an effective communication tool with your investors and stakeholders, we guide you through some of these in our publication ‘Telling your Story: Making your financial statements an effective communication tool’.
We can also help you to identify which Standards will apply for your reporting period (using our Navigating the Changes to IFRS publication) and provide practical tools, illustrating both interim and a full year set of financial statements prepared under IFRS.
To discuss corporate reporting and your financial statements please contact your local member firm.
