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 and interpretations.
In addition, many non-traded 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 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 provide an IFRS impact assessment, a project management template, assistance on preparation of an IFRS accounting policies manual, group reporting and accounts preparation, IFRS disclosure checklists and general and specific technical advice and training.