IFRS Accounting & Compliance
IFRS Accounting & Compliance | IAS Accounting | IFRS Reporting
Features and software dedicated software installation per client user
Financial statement – Statement of financial position – Comprehensive income – Change of equity – Cash flow statement. IAS conform accounting policies. Compliance GRC.
IFRS ACCOUNTING POLICIES AND NOTES TO COMPLETE IFRS
all updates for IFRS included, as for IAS regulated updates. Subscriptions are paid quarterly.
Once subscribed: Clients must forward the previous year report. The Financial statements (BL) should include a two year comparison , Trial balance, and P&L/comprehensive Income reports. Note send the last two year reporting statements if changing for the first time. IFRS users to forward the last full year report – last financial statements of financial position, statements of Comprehensive Income, statements of cash flows and statements of changer in equity and related notes. Including comparative information for all statements presented. Noting that statements cover a comparison over two years minimum for existing users and for new users we would incorporate your GAAP financial statements (BL) into the software. Further we would require a full list of your GL account numbers/name tags to process your chart of accounts into the softdrive IFRS Accounting software
The BFIN team will then formulate your software within 30 days, updated to your chart of accounts, opening balances and integrate all the pertaining parameters. Once received your software will be synchronized and ready to use. The support is continued with updated on IFRS, practical guide and implementations. No hidden cost. For those changing in the course of the accounting year, forward a full detailed GL. We will process those transactionnel balances or each line as requested by you.
Product details & features :
The software comes with full integration of the IFRS – GL accounting (IAS) policies and regulations, compliance included.