It is now a European requirement that companies must adopt IFRS for their group financial statements. It is now vital before seeking additional finance from the world’s capital markets to present accounts that meet the requirements of transparency and comparability that IFRS provide.
How can PwC help
PwC Cyprus has accumulated vast experience in applying IFRS to companies’ financial statements as Cypriot accounting practice was always using International Accounting Standards for financial statements preparation. This together with our long and extensive knowledge in the shipping industry enable us to help our clients with the provision of accounting and audit services of the highest standards.
