Transformation and compilation of financial statements

  • Transformation of financial statements from a given applied reporting framework into another one (e.g. from NFRSSME to IFRS), review of adopted accounting policies, procedures, reporting techniques, measurement methods and estimates under a given reporting framework and adapting them to the new framework, preparation of an opening statement of financial position under the new framework and subsequently, a full set of financial statements in accordance with the relevant reporting framework rules

  • Compilation of financial information – preparation of a full set of financial statements in accordance with a given reporting framework

  • Compilation of financial information – collection, classification and summary of other financial information

At the end of our engagement to compile financial information we usually issue a report on engagement to compile financial statements in accordance with International Standard on Related Services “Engagements to Compile Financial Statements”.