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Accounting Compliance and Reporting

Get it right and keep it right

The move toward the global adoption of a single set of accounting standards continues with the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) implementing an ambitious work plan for major joint projects with a number of new standards expected in 2012.

With the convergence agenda comes change and a need for companies to understand the broad implications of the changes on their organisation including financial and management reporting, contract management, process changes, IT systems, risk assessment and management.

Managed centrally, our services link our competencies in finance and tax to support the full spectrum of compliance needs. Our suite of services include:

  • Statutory reporting services (delivering statutory financial statements)
  • A range of accounting support to assist the internal finance functions, including:
  • Group-to-local GAAP conversion
  • Post-general ledger "record" accounting, such as assistance with period close, trial balance compilation, reconciliations, and data gathering and analysis
  • Group-to-local GAAP-to-tax conversion in coordination with
    Ernst & Young tax professionals

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Global IFRS resources

Please see our Global IFRS site for extensive international resources, thought leadership and web based learning modules.

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