IFRS Conversion and ImplementationWe help and advice our Clients in conversion into IFRS.
Nepal has now already declared adoption of International Financial Reporting Standard. We help and advice our Clients in conversion into IFRS. Our team has blend of knowledge and practical experience of IFRS and Implementation Framework.
We provide following IFRS Services:
Conversion of local GAAP accounts to IFRS / NFRS
Conversion of local GAAP accounts to IFRS / NFRS, including assistance in first time adoption of IFRS / NFRS (converging from local GAAP into IFRS / NFRS)
Providing analysis of the convergence to IFRS / NFRS
Quantification of the impact
Quantification of the impact and solutions for the implementation
Assistance to the preparation of IFRS / NFRS accounting manual
Review and preparation of IFRS / NFRS -compliant accounting policies
Review and preparation of IFRS / NFRS -compliant accounting policies, pro-forma financial statements and disclosure formats, including assistance with selection of IFRS / NFRS accounting policies with respect to making decisions between allowed alternative treatments
Preparation of IFRS / NFRS financial statements
Preparation of IFRS / NFRS financial statements Assistance to clients in handling IFRS / NFRS matters with auditors Assistance in technical transactions (i.e. business combinations, mergers and acquisitions, interpretation and implementation of new IFRS / NFRS standards, IPOs, etc.) Providing outsourced IFRS / NFRS services to clients Conducting IFRS / NFRS trainings to external client staff
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