IFRS accounts

IFRS accounts

All AIM listed plcs and some subsidiaries of foreign parents need to prepare IFRS accounts, however this is a very time consuming and tricky exercise as IFRS is so much more complicated than UK GAAP and there are endless disclosures and notes. Financial directors or CFOs, therefore, may not have the time or the expertise to prepare IFRS accounts.

Our expertise

We have gained valuable skills and experience from working with many AIM listed plcs and also some multinational companies. For example,  current clients include:

Zibao Metals Recycling Holdings plc

Tricor plc

New Trend Lifestyle Group plc

Premaitha Health plc

 

How can we help?

We can prepare IFRS accounts and interims from scratch or can use a previous year as a starting point.

We’ll work from the trial balance and also create a consolidation model if required.

If you’re preparing IFRS accounts for the first time we can plan the transition and deal with all IFRS 1 adjustments and disclosures.

You may think that complex transactions such as those involving share options, convertible debt, share buy backs, mergers, reverse takeovers and deriviatives are a nightmare to deal with, but we have the technical expertise and skill to guide you the accounting standards. We can also advise on any different options for treatment and also the consequences for tax or VAT.

Quick turnaround

We understand the practicalities of running an AIM listed plc or being a member of an international group and the strict reporting deadlines involved. We’ll work hard and fast to deliver the accounts as soon as possible to ensure that you can meet your schedule.

We’re not afraid of working long hours and will work through the night and weekend if required.

Contact us for a free initial consultation

Please contact us for a free, no obligation consultation to discuss your requirements. Our base at Liverpool Street is easily accessible with good national and international travel links.