IFRS Services

The new International Financial Reporting Standards are here.  Are you ready for your year end external audit?  We have utilized our expertise in credit unions and the complex accounting rules particular to the credit union industry to assist numerous credit unions with this difficult and time consuming process.  Our assistance includes summarizing the new accounting standards in comparison to the existing standards and providing information to the credit union to make an informed decision with respect to new accounting standards to be utilized under IFRS.  Such analysis also includes an identification of the implications of these new standards on the credit union (i.e. new financial model requirements, new data accumulation methods required, new financial statement presentation requirements) as well as plans, direction, guidance and assistance in the development of solutions to address these implications. 

 

Contact Us to discuss how we can serve your credit union today.

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