The increasing complexity of financial reporting and the rapid pace of change has led to a significant increase in demand for expert accounting advice.
The financial reporting challenge is driven by developments in International Financial Reporting Standards (IFRS), with significant changes across many areas starting from the current year, 2009, and further waves of change expected in the coming years. Key topics include financial instruments, segment reporting, borrowing costs, share-based payment and business combinations. Many of these changes also apply for entities continuing to adopt Irish Generally Accepted Accounting Principles (GAAP) and the standards convergence process is also well under way. Our focus is on providing technical accounting advice to our clients that is practical and commercially astute.
BDO has considerable depth of knowledge across all forms of financial reporting, including Irish/UK GAAP, IFRS and US GAAP. We can draw on the experience of our colleagues globally to help ensure that your financial reports are compliant and truly reflect the business of your company.
If you are interested in learning more about our Audit Services, call +353 61 414 455 or contact a member of our audit team.