More and more medium-sized enterprises are converting
their accounting systems to International Financial Reporting
Standards IAS/IFRS. Now that Basle II has been adopted it is
clear: sooner or later the banks will make accounting according
to IAS/IFRS a prerequisite for lending. Moreover, these standards
have finally made it possible for German medium-sized
enterprises to draw on international capital markets and issue
international bonds.
The internal conversion to IAS/IFRS requires a certain amount
of specialized knowledge, planning and care that should not be underestimated.
Medium-sized enterprises are just the ones, which often lack the necessary
in-house expertise.
Questions that often arise in connection with the introduction of IAS/IFRS are:
Which new requirements are must be satisfied under IAS/IFRS?
How much time and how expensive will it be?
How does accounting under IAS/IFRS change the balance sheet?
What impact does the new accounting have on the enterprise’s creditworthiness
and loan negotiations with banks?
Which departments, processes and IT systems will be affected by the
implementation?
Does the enterprise even have the necessary knowledge available to apply the
IAS/IFRS?
We can carry out the changeover of your accounting to IAS/IFRS, from advising to
implementation of new concepts to application and evaluation of your financial data
Our experts assist you not only during the introduction of IAS/IFRS but even
afterwards-we are at your service.
Detailed information on our services for IAS/IFRS
can also be obtained here.