Audit & Assurance Services
IFRS advisory/ implementation
International Financial Reporting Standards (IFRS) are quickly getting momentum with global acceptance. The world is assessing these standards, and their potential implications and benefits have been recognised, including economics, banks, insurance, investment, real estate, and other multiple sectors. Companies are hugely benefited from IFRS because the investors and financial institutions are more likely to put money into a company if the companies’ business practices are transparent. With the advent of the global economy, IFRS implementation services have played a significant role in meeting financial reporting requirements.
The goal of IFRS is to make international comparisons as easy to understand as possible. The idea of having a centralised system of accounting hasn’t been realised fully yet as the USA is using US GAAP and some other countries use other standards. In the international accounting community synchronising accounting standards around the globe is still in progress
We at The Alchamii provide IFRS advisory/implementation service for the first time adopters of IFRSs may it be new businesses or re-domiciled businesses from other parts of the world.
our office address
The Alchamii Auditing of Accounts, 965D, Tamani Arts Offices, Business Bay, Dubai, UAE.
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