Consultancy services
Our IFRS specialists can assist you with 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
** 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.
Audit Services
Our specialists can assist you with the following matters:
- 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

New Standards
Accounting methods are complex and can be based on judgement in certain areas. Besides this, some accounting standard regulations are currently changing to an enormous extend. All companies will somehow be affected by these changes. Accounting changes will cause changes to the main business systems.
Thus, our specialists can assist you with the following matters:
- Full adoption of new standards or aiming only at complex areas of the standards
- Assistance with the adoption of new standards and their impact on various systems, controls, processes and employees
- Sharing industry’s best practices when installing new standards
