International Financial Reporting Standards and its challenges
With the new financial rules and regulations, e.g. IFRS (International Financial Reporting Standards), financial accounting is becoming more complex and demanding than ever, both on the local and international level. If recent trends are any indicator, the future promises more regulations, ever-evolving requirements, and mounting compliance obligations. As the globalisation of business accelerates, companies that want to survive and prosper will have to ensure that their financial accounting meets tomorrow’s global standards.
If this is your situation
You want to keep up-to-date on developments in domestic and international financial reporting.
You want to avoid accounting surprises linked to acquisitions, refinancing or any other transactions.
You made an acquisition and need to harmonise your accounting policies.
You have a complex technical accounting issue that you cannot solve in-house.
You have a limited finance function and would appreciate support from financial reporting specialists.
Your conversion to IFRS has raised the issue of staff training and you are in need of reliable and comprehensive accounting guidance and training.
You are already familiar with Luxembourg GAAP, but you also need to understand how IFRS compares (understand similarities and differences).