IFRS is becoming the global accounting reporting standard among more than 100 countries, however, many companies seem unaware or unprepared for the complexities this change represents. Conversion/transition/Business transformation to IFRS affects almost all the business functions of an enterprise such as, Organisation structure, Legal contracts, accounting and finance, taxation, corporate responsibilities and executive compensation.
We at AKM global aim to add value to this conversion process and help our clients realize many of the opportunities that this change presents by assessing the likely impact of this conversion across all the business functions and to help develop plans for implementing the necessary changes.