IFRS Advisory Services in Dubai, UAE

To constitute a standardized way of describing the company’s financial performance so that company financial statements are understandable and comparable across international boundaries by our top IFRS advisory services.

IFRS Advisory Services

International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardized way of describing the company’s financial performance so that company financial statements are understandable and comparable across international boundaries.

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The mission is to develop standards that bring transparency, accountability, and efficiency to financial markets around the world. IFRS Standards are now required in more than 140 jurisdictions, with many others permitting their use.

The increasing complexity of financial reporting and the rapid pace of change has led to a significant increase in demand for high-level accounting advice from an expert in the field. Our efficient and expert advisory team will help the businesses for the easy adoption and implementation of IFRS standards. Companies in the UAE are subject to the IFRS and we provide professional expertise in understanding and complying with these standards.

What Parker Russell UAE offers?

IFRS adoption and implementation
Implementation assistance with complex standards such as IFRS 9 and IFRS 15
GAP analysis
Impairment testing and modelling
Revenue Recognition Processes and Controls
Training and knowledge transfer process
Preparation and development of reporting manuals
Developing a plan for sustainability
Assistance in redrafting of IFRS accounting policies in line with changes in accounting standards or adoptions.

We guarantee our clients a seamless and fast transition, complete with morale and authority. Our team of advisers is always up to date on the implications for various entities and is ideally positioned to assist you in implementing and giving advice on the transitional consequences of these new changes in international accounting standards.

IFRS Advisory Services in Dubai, UAE