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International Financial Reporting Standards

Although most listed and AIM companies have now made the transition to reporting in accordance with IFRS, companies still face the challenge of ongoing compliance and the implementation of new standards, amendments and interpretations.

In addition, many non-listed companies are voluntarily choosing to adopt IFRS either to facilitate group reporting or to adopt the same standards that listed companies use, possibly in advance of a future flotation.

Mazars’ Financial Reporting Advisory team has significant experience advising a wide range of clients, including listed and AIM companies, on the transition to IFRS and IFRS compliance in subsequent years. We advise on current best practice to ensure that your financial statement disclosures are robust enough to withstand scrutiny, whether it be from shareholders, regulators or analysts.

For companies looking to convert, we will support you to:

  • conduct detailed IFRS impact assessments;
  • provide project management templates;
  • understand and prepare IFRS accounting policies manuals, group reporting requirements and IFRS compliant financial statements; and
  • provide and explain the detailed requirements of IFRS disclosure checklists.

We can also provide general and specific technical advice to ensure that your accounting and training needs are met.

National Contact

Steven Brice

Steven Brice

Partner
+44 (0)20 7063 4410

Related publications

Technical Bulletin - Revised related party requirements - cover

Technical Bulletin - Related party requirements

03 January 2012

Transactions between related parties are likely to be of interest to users of financial statements. Understanding the requirements is therefore more important than ever.

IFRS Technical Bulletin - IFRS 10, 11 and 12 - cover

IFRS Technical Bulletin - IFRS 10, 11 and 12

03 January 2012

Introducing the new accounting standards relating to consolidation, joint arrangements, associates and unconsolidated interests coupled with the extensive new disclosure requirements.

IFRS Technical Bulletin - Leases cover

IFRS Technical Bulletin - Leases

24 August 2011

The IASB is rewriting the rules on lease accounting. In the not too distant future there will no longer be operating leases in an IFRS set of financial statements.