International Financial Reporting Standards

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).

Our Services

We have teams that can help you to manage your IFRS challenges by offering you a range of services

Discover more

Our expertise

Why PwC Luxembourg?

  • We are a local team connected to a global network of experts.
  • We listen to your need and will focus on what matters to you.
  • You are looking for a group of experts with both the theoretical but also the practical expertise.
  • We stay connected through our Global Network wherever you are.
  • You are not just looking for an IFRS expert but a business partner with IFRS expertise.

Our Expertise

PwC Luxembourg is an active and recognised member of PwC Global Accounting Consultancy Service which is a network of 350 professionals that focuses on supporting engagement teams and clients on the application of IFRS and provides a direct access to topic specialists and PwC Corporate Treasury Services which is a network of more than 500 professionals.

PwC has recognised for some time that using IFRS concepts can dramatically improve the quality of financial reporting and international investor confidence. Whether you are trying to understand the impact of mandatory IFRS adoption on your business or simply contemplating a feasibility study, PwC can help. We are uniquely positioned to assist that there are no undessired surprises and that the benefits of using internationally accepted standards make a real difference to your business.

The global PwC network is the largest provider of professional services in audit, tax and advisory. We’re a network of independent firms in 157 countries and employ close to 195,000 people. Tell us what matters to you and find out more by visiting us at www.pwc.com and www.pwc.lu.


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Contact us

Fabrice Goffin

Audit Partner, PwC Luxembourg

Tel: +352 49 48 48 2155

Philippe Foerster

Assurance Partner, E-Money & Payments Institutions Leader, PwC Luxembourg

Tel: +352 49 49 48 2065

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