Financial statements in accordance with IFRS
Preparation of financial statements in accordance with IFRS
The specialists of our company provide services for the preparation of financial statements in accordance with International Financial Reporting Standards (IFRS).
- Scope of work Preparation of financial statements in accordance with IFRS:
- preparation of accounting policies in accordance with IFRS and specific features and specific company;
- development of a working chart of accounts in accordance with IFRS and transfer of accounting information between the accounts of National standards and IFRS;
- reclassification of transactions (bringing transactions in line with their economic substance);
- recalculation of individual indicators in accordance with the accounting policy in accordance with IFRS and the formation of estimated reserves;
- determination of the market value of the company’s assets and liabilities;
- development of reporting forms taking into account the specifics of the company and determination of their content;
- formation of finished financial statements and preparation of explanations to it
IFRS Reporting Result;
- The result of work on the preparation of financial statements in accordance with IFRS is financial statements with explanations to it, including four main forms:
- statement of financial position;
- statement of comprehensive income;
- statement of changes in equity;
- cash flow statement;
The notes to the financial statements in accordance with IFRS (comments, notes) disclose the financial and non-financial performance indicators of the company that are not included in the reporting itself or documents detailing it.
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