Support in identifying adjustments and reclassifications to be made for conversion to IFRS and US GAAP
Audit & Assurance
IAS/IFRS/US GAAP
Consulting and review of the impact of IFRS 9 “Financial Instruments”
Support and review of impairment testing as required by IAS36 “Impairment of Assets”
Purchase price allocation according to IFRS 3 “Business Combinations”
IAS/IFRS, the common principles of the European Community, is applied in more than 110 nations and by more than 8,000 listed companies in Europe and is now a reference point for all stakeholders (shareholders, banks, employees, analysts).
Another important reference is the U.S. accounting standards (U.S. GAAP) used by all U.S.-listed companies.
WPartners supports clients in the activities of identifying the areas of financial statements and administrative/accounting processes impacted by the introduction of IAS/IFRS and in the definition of a work plan outlining the actions necessary to adapt accounting standards, organizational processes and accounting/administrative procedures to the requirements posed by the new international accounting standards.