Baker Tilly name is a trademark of UK firm Baker Tilly used under licence.

IFRS Reporting

Getting to grips with IFRS can be a major drain on the resources of your financial department. Whether you are converting to IFRS for the first-time or trying to keep abreast of new developments, IFRS compliance is a complex and time-consuming challenge.

Our IFRS reporting services are designed to aid your decision making process and provide peace of mind from the outset. We provide a preliminary assessment of:

• the impact on your reported results and financial position

• the impact on your corporate tax position

• the impact on accounting procedures and processes in your financial department

If you have decided to adopt IFRS, we provide all the support you need, including:

• conversion of financial information on first-time adoption

• consolidation of group financial statements, including any necessary conversion of group company financial statements from local GAAP

• preparation of IFRS-compliant accounting policies

• implementation of IFRS-based chart of accounts and accounting procedures

• IFRS consulting and training for the financial department