IFRS Compliance Advisory Services

At Zahid Jamil & Co, Chartered Accountants, we provide expert IFRS (International Financial Reporting Standards) Advisory services to help businesses achieve compliance, enhance transparency, and improve financial reporting quality. Our team ensures a smooth transition to IFRS while addressing complex accounting challenges with precision.

Our IFRS Advisory Services Include:

1. IFRS Implementation

  • Assessing the impact of IFRS adoption on financial statements and business operations.
  • Developing a structured roadmap for seamless transition to IFRS reporting.
  • Aligning accounting policies with IFRS requirements for accurate financial disclosures.

2. IFRS Training & Capacity Building

  • Customized training programs for finance teams on IFRS principles and application.

  • Workshops on complex standards (e.g., revenue recognition, lease accounting, financial instruments).

  • Continuous updates on new IFRS amendments and regulatory changes.

3. IFRS Compliance Review

  • Independent evaluation of financial statements to ensure full IFRS compliance.

  • Identifying gaps in reporting and recommending corrective actions.

  • Enhancing disclosures to meet investor and regulatory expectations.

4. GAAP to IFRS Conversion

  • Assisting companies in converting financial statements from local GAAP to IFRS.

  • Restructuring accounting policies and financial records for IFRS alignment.

  • Preparing reconciliation reports and transition disclosures.

5. IFRS Advisory & Technical Support

  • Expert guidance on complex IFRS accounting issues (e.g., fair value measurement, consolidation, impairment).

  • Assistance with first-time adoption (IFRS 1) and ongoing reporting challenges.

  • Support in addressing auditor and regulator queries on IFRS treatments.

Why Choose Zahid Jamil & Co for IFRS Compliance?

  • Global Expertise, Local Insight – Deep knowledge of IFRS with industry-specific application.
  • End-to-End Support – From initial assessment to post-implementation review.
  • Risk Mitigation – Ensuring compliance to avoid penalties and enhance stakeholder confidence.
Achieve IFRS Compliance with Confidence – Let Us Guide Your Transition.