KPMG's IFRS Conversion Services offers a structured approach to help our firms' clients convert from their current primary accounting standard to IFRS
IFRS Conversion Services
We believe that companies should view changes in accounting standards as far more than an accounting exercise.
KPMG brings together the best of our existing audit, advisory and tax professionals to help clients understand and respond to the changes in accounting standards which are currently impacting:
KPMG can help you understand how the changes in the standards affect your financial statements and assist you in making the complex accounting policy decisions required. But moreover, we see the implementation of new standards as more than an accounting exercise. Our multi-desciplinary approach seeks to translate the accounting impacts into tangible actions to deliver the required changes to your company’s systems, processes, people and also to the wider business.
We believe that the benefits of effectively managing the change in accounting policies can outweigh the efforts; in particular to:
Our approach is adaptable and capable of incorporating changes per your local operating environment and business model, as well as to consider any comparable legislation issued by other jurisdictions in the future. KPMG is equipped with a vastly inclusive assembly of strategies that will provide you with efficient and effective options towards facilitating IFRS compliance on the part of Pakistani financial and non-financial institutions.
Accounting, Tax and Reporting
Systems and Processes