IFRS & AASB
Our IFRS & AASB service will help you understand and interpret International Financial Reporting Standards and Australian Accounting Standards Board across many different industries and sectors, particularly complicated accounting treatments required by the standards. We can also help you make a better professional judgment when different accounting method and treatment can be applied to meet your special business requirements.
How ALL can help
ALL's IFRS & AASB experts are experienced in providing advices for understanding and interpretation of International Financial Reporting Standards and Australian Accounting Standards Board. We leverage our extensive experience of accounting to deliver the best accounting treatment and methods that both meet the regulatory requirements and your specific business requirements. With the development of complex business environment, such as artificial intelligence technology and innovated financial technology products in the markets, both IFRS and AASB foundation works hard to meet the new challenges of setting the standards that will reflect the real economic and financial results so investors and government agencies can make a better decision. When you are unsure about the accounting treatment and methodology, ALL's experts are here to help you understand the standards better and make a better judgment call.
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Understanding of IFRS and AASB
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Based on your business nature, explained and interpreted the IFRS and AASB
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Helped you understand the different methodology and how it will affect your financial results​
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Accounting Adjustment
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Built up template for comparison of different treatments and how it will affect your financial results
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Compared old and new accounting standards and how it will change your balance sheet and profit and loss statement​
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Specific Industry Accounting Treatment ​
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Understood special accounting treatment for some specific industries based on IFRS and AASB
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