KPMG’s Global Conversion Services (GCS) is a multi-disciplinary activity, using a structured approach to assist clients performing IFRS conversions
KPMG’s Global Conversion Services (GCS) helps to assist clients performing IFRS
IFRS implementation services
The recent new IFRS standards cover a number of key topics such as revenue (IFRS 15), leases (IFRS 16) and financial instruments (IFRS9).
The implementation of these accounting changes throughout an organization may require significant time and resources. Some of these changes may impact the entire organization (systems, processes, controls, record keeping, performance measurement and results, and communication).
Our specialists will work with you to understand the potential implications of the anticipated accounting changes and the potential business decisions that may be necessary. They can:
How can we assist you in converting to IFRS?
Our specialists are well positioned to guide you through the process by analyzing the impact these changes will have on your entire organization. Our experience and well-tested methodology aim at ensuring that all linkages and dependencies between accounting and reporting, systems and processes, and people and business are well established. Our approach will help you, for example, to:
Are you experiencing accounting and financial reporting issues? Our experts can deliver valuable advice on the impact transactions could have on your organization such as:
Our supplement to Guides to IFRS financial statements focuses on IFRS 15