KPMG firms combine knowledge and experience from our existing audit, advisory and tax offerings to help clients meet their IFRS and local GAAP regulatory obligations and to achieve the wider benefits that an effective migration to the new standards can bring.
KPMG firms have a strong global track record for IFRS and local GAAP services, ranging from full conversion projects to individual components, such as the delivery of tailored training packages. Our technical accounting skills are backed up by extensive industry knowledge and a global network of specialists who can provide additional input and advice.
Our skilled individuals are dedicated to ensuring the success of changing accounting standards, coming together in a multidisciplinary team of accounting, systems, business, people and project management specialists.
KPMG’s Accounting Advisory people are specifically trained in conversion services, enhancing their existing Audit, Advisory and Tax skills, to bring you the required support from a team that, on other projects, has already experienced and resolved many of the issues facing your company.
KPMG’s IFRS Knowledge and Insights
The acceptance of and convergence towards IFRS throughout the world continues to expand and the prospect of a single set of globally accepted financial reporting standards is drawing closer.
Our organization has demonstrated our commitment to excellence by staying at the forefront of regulatory developments through active participation in the development of accounting technical guidance, industry trends, and public policy developments. In response, KPMG firms have formed global and national IFRS strategies and infrastructure to address the needs of our clients.
KPMG’s International Standards Group (ISG) provides thought leadership and support to both clients and our engagement teams, to help drive consistency in the application of IFRS. From white papers that offer new perspectives on critical issues, to surveys that track emerging trends, KPMG’s thought leadership demonstrates the depth of knowledge our firms have to offer.
KPMG’s IFRS Institute – Of particular interest to clients seeking IFRS thought leadership is KPMG’s IFRS Institute, where companies share knowledge, gain insight, and access thought leadership about the evolving global financial reporting environment.