The International Financial Reporting Standards (IFRS) are accounting standards developed by the International Accounting Standards Board (IASB), an independent not-for-profit organisation.
The IFRS provide a global framework for how public companies prepare and disclose their financial statements, giving general guidance for preparing financial statements rather than setting rules for industry-specific reporting.
Adopting a single set of worldwide standards simplifies accounting procedures by allowing one reporting language throughout. A single standard also provides investors and auditors with a cohesive view of finances.
Our financial reporting advisory team can guide you through this framework to ensure you are compliant and meet the international standards required; this is especially useful for large companies with subsidiaries in multiple countries.
Get in touch to discuss how we can help get your accounting standards in line.
The whole team are exceedingly knowledgeable and the main benefit of working with MHA MacIntyre Hudson is the reassurance I feel that our business is in safe hands. Hayley Wilson - Fenmarc
Finance Director
The continuity with their core specialist sector team and ability to give advice across several areas of support has been key to us working together. - Feefo Holdings Ltd