IFRS Services

Consultancy services

Our IFRS specialists can assist you with, among other things, the following matters:

• Accounting consultancy services* in IFRS;
• Assistance with preparation of financial statements in accordance with IFRS;
• Consultancy on transition to IFRS;
• Assistance with selection of accounting policies with respect to making decisions between the alternative treatments allowed;
• Identification, proposals and reviews of adjustments between CZ GAAP and IFRS;
• Decisions about initial recognition and measurement in accordance with IFRS;
• Business combinations and transformations in accordance with IFRS 3;
• Advisory services on process of consolidation inclusive implementation of the eConsolidation tool;
• Identification of additional information needed for compliance with disclosures required by IFRS.

  *) Note.: Consultancy services for our audit clients are provided so as to comply with independence rules defined in the Ethical code of IFAC and the Chamber of auditors of the Czech Republic. The scope of the above-listed services may be restricted for our audit clients.

Educational Services

• IFRS seminars prepared annually by The Academy (the seminars are carried out in Czech);
• Courses for obtaining an international qualification in IFRS developed by ACCA - Diploma in IFRS (the courses are carried out in English);
• IFRS educational seminars prepared in cooperation with our experts, tailored to your individual requirements.

For more information please visit www.pwc.cz/academy or write an email to the.academy@cz.pwc.com.

Audit Services

• Audit of the standalone or consolidated financial statements prepared in accordance with IFRS or IFRS as adopted by the EU;
• Audit of the interim financial statements prepared in accordance with IFRS or IFRS as adopted by the EU;
• Audit of the group reporting forms prepared for consolidation purposes in accordance with the group accounting manual based on IFRS.