International Financial Reporting Standards (IFRS) Advisory

Financial reporting standards in Hong Kong and Australia conform with the International Financial Reporting Standards (IFRSs). Many thought that financial reporting is only a costly compliance exercising. They may not realise that many IFRS reporting can be originated from management purpose reporting and drive useful timely reporting of management information for the senior management and the board oversight.

If you have issues on IFRS reporting, we can help and in particular for:

1) IFRS 9, Financial instruments
2) IFRS 15, Revenue recognition
3) Expected credit loss modelling and assessment
4) Financial statement presentation.