The convergence of accounting reporting unde the IAS with the IFRS standards have stretched the time and resources of some organisations in the preparation of their accounts. The conversion required re-training of accounting staff to cope with new interpretations on treatment of items in the financial statements which have implications for profitability, taxes , valuation of assets , corporate govrnance, trust and integrity concerns of the reporting entity. However, the scheme of coverage of the IFRS on SMEs are expectedly lower than the usual IFRS reqirements because of the size and uncomplicated operational dynamics and accounting records of the SMEs. Our team of professionals offer clients deep technical and specialised advisory and knowledge sharing on the treatment of the relevant aspects of IFRS and the retained aspects of IAS
