Each country in the world has its own accounting rules. Therefore, foreign investors have difficulties in evaluating the financial performance of the company. Keeping parallel records of companies located in different countries is quite laborious and pricey.
International Financial Reporting Standards (IFRS) are understandable, regardless of the country, to all investors, owners, managers and other interested parties.
In the Republic of Belarus, the preparation of annual consolidated or individual statements in accordance with IFRS for socially significant organizations, banks, investment fund management organizations, joint-stock investment funds is mandatory.
Our company offers the following IFRS services:
The main difficulty of companies that want to prepare financial statements in accordance with IFRS is the lack of management accounting and records, a way that does not allow obtaining the necessary data for financial reporting in accordance with IFRS.
In order to significantly reduce the labor costs for preparing financial statements in accordance with IFRS, it is necessary to put into operation the appropriate management accounting. In this case, the company will be able to quickly prepare financial statements in accordance with IFRS, even by its full-time employees, without any problems.
IFRS services are provided by employees of our company who have appropriate ACCA certificates.
Our specialists, taking into account individual needs, will help you to:
Reporting in accordance with IFRS is prepared in Russian and can be translated into any language you need.