IFRS is undergoing constant change. Accordingly, companies may face challenges both in terms of resources and skills to meet the Standards. Implementing new financial reporting standards may be a burdensome process, as it often will require a change in processes, which may impact on the relevant company’s results and key figures.
KPMG can assist you with the potential effects of revised IFRSs and develop suitable solutions for your company. Furthermore, we can assist you with transitioning to IFRS.
Read more about IFRS 9, IFRS 15, IFRS 16 and IFRS 17 using this link or contact Jane Thorhauge Møllmann or Michael Sten Larsen for more information.