MGI Worldwide with CPAAI's global reach brings together around 10,000 audit, tax and accounting professionals in over 100 countries around the world. Our Global IFRS Specialists are well equipped to provide companies, investors, regulators and others with the expert advice needed to resolve complex issues and answer any questions regarding the correct application of IFRS.
Special IFRS Projects we have helped complete
Applying new standards, for example:
- IFRS 16 Leases
- IFRS 15 Revenue Recognition
- IFRS 9 Financial Instruments- Preparation of notes to the financial statements and yearly notes update
- Preparing purchase price allocations for acquisitions in accordance with IFRS 3
- Support in applying IAS 36 Impairment of Assets
- Preparation and regular update of accounting manuals
- Accounting hotline and back up accounting policy department for clients on questions regarding IFRS and group financial statements
- Conversion from local accounting standards to IFRS in accordance with IFRS 1 including identifying all differences between local GAAP and IFRS
- Preparation of Group financial statements (including all necessary consolidation steps such as capital consolidation, elimination of intracompany transactions, calculation of deferred taxes)
- Preparing of documentation requested by the company’s auditor or needed for reviews by national regulatory agencies