Consolidation & IFRS Reporting

Consolidated reports are financial statements that present important financial information gathered from a parent company and all its subsidiaries. Data includes assets, liabilities, net assets/equity, revenue, expenses, and cash flows. Each subsidiary is responsible for its own accounting records, which get consolidated into a company-wide report, showing all of a group’s financial details as a single entity.

We bring together the best of our professionals to help clients understand and respond to the changes in accounting standards that currently impact:

• First time adopters, currently converting to IFRS
• Existing IFRS preparers currently considering the proposed changes to the standards

Our professionals can help you in an easy transition to IFRS by giving tailored services to you and accompanying them in the transition. We will assist in understanding how each standard affects your financial statements and how you can implement them with minimum business disruption. Our professionals will be accessible throughout the implementation and post implementation of IFRS framework making sure you have access to all requirements that best suit your business in the most uncomplicated way possible.