IFRS Coverage

IFRS Standards Coverage

Convert Local GAAP With Complete Transparency

Identify, map, and reclassify all local GAAP transactions to match IFRS structures. We handle reconciliation and documentation, ensuring nothing is lost in transition.

Financial Instruments

Disclosures about financial instruments and risk management

Leases

Accounting for lease arrangements and related disclosures

Financial Statements

Presentation and structure of financial statements

Property, Plant & Equipment

Recognition and measurement of PPE assets

Revenue Recognition

Recognition of revenue from contracts with customers

Services

Our IFRS Reporting Services

Preparation Of IFRS-Compliant Financial Statements

Preparation Of IFRS-Compliant Financial Statements

We structure and prepare complete financial reports, including income statements, balance sheets, and cash flow statements, in full alignment with IFRS.

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Conversion And Reclassification Of Local GAAP Accounts

Conversion And Reclassification Of Local GAAP Accounts

Our team reclassifies financial entries from local standards to IFRS, resolving any mismatches and ensuring accurate representation.

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Disclosure And Supporting Documentation

Disclosure And Supporting Documentation

FlexBiz develops detailed footnotes, accounting policy summaries, and reconciliation schedules that meet IFRS disclosure norms.

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Audit-Ready And Regulator-Focused Reporting

Audit-Ready And Regulator-Focused Reporting

We finalise reports with the structure and detail expected by auditors, tax authorities, and global partners, reducing delays and questions during reviews.

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How It Works

Other Important Service For You

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Proven Process for Preparing Your Financials as per IFRS

We follow a structured approach to ensure your financial statements are fully compliant with IFRS standards, providing accuracy, transparency, and credibility for stakeholders.

01

IFRS Advisory Services

Guidance on transitioning from local GAAP to IFRS.

02

Audit Support

Assistance in preparing IFRS-compliant records for audits.

03

Custom Reporting Solutions

Tailored reports and statements for investors, banks, or management.

Financial Preparation

How FlexBiz Supports IFRS-Compliant Financial Preparation

01

IFRS Mapping and Reclassification

Review your existing financial statements and restructure them to conform to IFRS-compliant formats.

02

Adjustments for Key IFRS Standards

Apply required treatments for revenue recognition, lease accounting, and financial instruments.

03

Group and Consolidated Reporting

Standardise multi-entity accounts into a single, globally compliant report.

04

Supporting Notes and Disclosures

Prepare the required footnotes and supplementary details for full transparency.

05

Collaboration with Your Finance Team

Coordinate with your in-house or external accountants to ensure accuracy and timeliness.

Ready for IFRS Compliance?

Contact us today to discuss your IFRS preparation needs and ensure your financial statements meet international standards.
IFRS Becomes

When IFRS Becomes Non-Negotiable

International Investor Onboarding

Meet global investor expectations with familiar, reliable reporting formats. IFRS enables faster due diligence and trust-building during capital discussions.

Cross-Border Mergers Or Acquisitions

Present consistent, comparable financials when entering or evaluating cross-border transactions. IFRS simplifies deal structuring, valuation, and integration across jurisdictions.

Preparing For IPO

Align with listing authority requirements early. IFRS adoption reduces rework, accelerates regulatory reviews, and improves acceptance by analysts and institutional investors.

Financial Consolidation Across Subsidiaries

Unify disparate local GAAP reports into one standard format. IFRS enables accurate, efficient consolidation and performance comparisons across multi-country operations.

FAQ

common questions about Preparation of Finances as per IFRS

What is IFRS and why is it important?

IFRS (International Financial Reporting Standards) is a globally recognized framework for financial reporting. Compliance ensures transparency, comparability, and credibility of your financial statements for investors, banks, and regulatory authorities.

Can you help transition from local GAAP to IFRS?
How long does it take to prepare IFRS-compliant financial statements?

The timeline depends on the complexity and volume of your financial data. Typically, financial statements are prepared within 10–20 working days after all documents are received.

Are the IFRS-prepared financial statements legally valid?

Yes. Our statements are prepared by qualified professionals and comply with IFRS requirements, making them valid for audits, investor reporting, and regulatory submissions.