ACCOUNTING & REPORTING
In today’s volatile capital markets accounting and financial reporting has become increasingly complex. Pro-active anticipation and resolution of issues under International Financial Reporting Standards (IFRS), coupled with an understanding of the impact of tax, financial markets, valuation, corporate governance and regulatory concerns, can help to preserve the value of a business and its transactions.
At Abacus, our accounting advisory professionals directly and via our international network are able to provide clients with thorough technical knowledge and solutions including:
Financial statements preparation and presentation, including statutory filings
Derivatives and hedging strategies
Fair value assessments
IFRS implementation/GAAP conversions
International Financial Reporting Standards
International Financial Reporting Standards (IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. They are the rules to be followed by accountants to maintain books of accounts which are comparable, understandable, reliable and relevant as per the users internal or external.