International Financial Reporting Standards IFRS/IAS

The experts of Capital Audyt specialise both in the implementation of the International Financial Reporting Standards and in the audit of financial statements prepared in line with the International Financial Reporting Standards. Our broad experience allows us to have a flexible approach to our work and adjust to the needs of our Clients.

The aim of our service of implementing the International Financial Reporting Standards is to support companies in preparing financial statements pursuant to the IAS/IFRS principles for the first time. Decisions concerning the accounting policy in a given company are always taken by its management board. Our role is to provide the board with the quality information that will allow them to take intentional decisions.

As part of implementing IFRS/IAS we conduct the following activities:

  • Analysis of the current solutions
  • Identification of economic events which require a separate valuation or interpretation in comparison to the current principles
  • Sharing knowledge and tools
  • Preparing a report with recommendations
  • Providing consultations and advisory on a current basis
  • Developing an accounting policy in line with IAS/IFRS
  • Training.

By sharing necessary knowledge and tools, we provide also a template of the financial statement with the full range of disclosure, the control list of disclosures and supporting tools (e.g. for valuation of financial instruments and transformation of fixed assets).

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