How can we help you for IFRS Integration ?

How can we help you?

International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA)

 

We will be sharing our experience and are now prepared all the necessary support and solutions you require on the new Turkish Commercial Code in the context of ISA and IFRS.

 

Project: IFRS / TFRS Integration

The implementation of IFRS, a principle-based set of standards, is not just about changing accounting policies. For the companies, ensuring that IFRS is applied in a globally consistent manner instead of as an amalgam of local versions may involve significant efforts around the creation of policies, the modifications of systems, and the training of personnel.

 

We have a track record of working with companies to achieve global consistency in their financial reporting policies and practices and to seize the opportunities IFRS offers. We have extensive experience in helping clients plan and execute IFRS conversions, and can provide assistance with different facets of the implementation process, helping companies:

 

  • Evaluate the potential impacts of IFRS
  • Assess readiness for IFRS conversions
  • Implement a detailed implementation plan for IFRS conversion, including providing support with project management, technical research, and training
  • Develop a plan for sustainability
  • Address the implications of IFRS in such areas as treasury, tax, financial operations, technology, and valuation
  • Design and implement control frameworks, efficient information technology architecture and data flow, and fast close methodologies
  • Streamline statutory financial reporting processes globally

 

Project: IFRS for SME’s

  

Modules

Titles

1

Small and Medium-sized Entities

3

Financial Statement Presentation

4

Statement of Financial Position

5

Statement of Comprehensive Income and Income Statement

6

Statement of Changes in Equity and Statement of Income and Retained Earnings

8

Notes to the Financial Statements

10

Accounting Policies, Estimates and Errors

13

Inventories

14

Investments in Associates

15

Investments in Joint Ventures

16

Investment Property

17

Property, Plant and Equipment

21

Provisions and Contingencies

23

Revenue

24

Government Grants

25

Borrowing Costs

32

Events after the End of the Reporting Period