International Financial Reporting Standards (IFRS)
The primary aim of the International Financial Reporting Standards (IFRS) is to realistically represent the business situation of the reporting company. In contrast to German commercial law, in which the principle of prudence is the yardstick for accounting and valuation, the basic concept of IFRS accounting places emphasis on providing information concerning the financial performance of the company
Our services
- Analysis of the effects of IFRS accounting on the balance sheet structure
- Planning and supporting the process of converting to IFRS accounting
- Training employees and providing support with issues that are currently doubtful
- Drawing up accounting guidelines or an accounting manual
- Preparing IFRS financial statements
- Auditing IFRS financial statements