Whether you’re a large company or SME, we can help you navigate the complexity of the Standards so you can focus your time and effort on running your business.
Grant Thornton is one of only five South African auditing firms with its own JSE-accredited in-house IFRS specialist. This means that technical opinions can be made quickly, without causing delay to the audit timing.
The International Financial Reporting Standards (IFRS), are global accounting standards that are fast becoming the global accounting language. Using IFRS can help increase the quality, comparability and transparency of your financial information. Applying them correctly will increase your company's credibility and improve access to credit and investment opportunities.
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To the untrained eye, the Standards can appear hard to navigate. But at Grant Thornton, we have people who are very well versed in their intricacies and can translate them into language you can understand and apply to your financial statements.
As part of our commitment we also make available (free of charge) a range of high quality IFRS tools and resources, including:
- IFRS News – a quarterly update summarising recent developments in IFRS and offering insights into how these will affect you
- Financial statements – examples of good practice in meeting the extensive presentation and disclosure requirements of IFRS
- Technical guides – guidance on the application of some of the more challenging aspects of IFRS with a focus on practical advice timed to coincide with the implementation dates of newer requirements.