International accounting standards witness rapid changes recently. As a result, business entities are urged to engage professional accounting firms to assist them with implementing these new changes.
IFRS Implementation
IFRS Implementation
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International accounting standards witness rapid changes recently. As a result, business entities are urged to engage professional accounting firms to assist them with implementing these new changes.
SFAI will assist business firms in having a reliable financial statements and reports by complying with IFRS. To do so, SFAI will provide the following services:
- Gap analysis to identify the current situation and the requirements of standards.
- Assess the impact of the adoption of standards.
- Assist the client with developing accounting policies and procedures for appropriate adoption of the standards.
- Develop roadmap for the adoption of standards.
- Support the client in the adoption phase.
- Provide training courses tailored to each client’s requirements to address the adoption mechanism of the required standards.