International Financial Reporting Standards 
International Financial Reporting Standards (IFRS) are a single set of high quality, understandable and enforceable global standards relating to financial reporting in listed companies. All listed groups in the EU were required to apply IFRS by 2005 following the global trend for enterprises to report under IFRS.
Nearly 100 countries currently require or permit the use of, or have a policy of convergence with, IFRS.
Compliance in the UK is therefore required for listed companies and for subsidiaries of overseas listed groups in jurisdictions where the application of IFRS is mandatory.
The impact of IFRS on financial statements can be significant and it is important to understand the degree of compliance of your existing accounting policies with these standards.
We are able to support you in planning and initiating compliance with IFRS.
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