IFRS is more than just a technical accounting exercise and needs to be viewed and considered as an important business priority. The Profits, EBITDA, Dividend policy, Tax Planning will all change because of this transition and companies need to plan well in advance to ensure a smooth transition.
SPMC has an established IFRS taskforce, assisting smaller companies in assessing the impact of IFRS and dealing with conversion issues.
SPMC provides an entire stratagem of IFRS services:
- Gap Analysis & Conversion Planning
- Conversion of Financial statement into IFRS
- Initial IFRS Impact Assessment
- Post conversion services