IFRS Advice Desk


Even with official International Accounting Standard Board (IASB) interpretations guidance, the International Financial Reporting Standard (IFRS) can prove to be unclear on certain matters and finding the right answer, in line with your business needs, may prove to be an overwhelming task. We will provide you with consistent, high quality advice that addresses all issues to achieve the maximum benefits for your company.

Our team has gained significant expertise from assisting companies in different industries and is able to provide professional experience to IFRS issues that affect your business and specific transactions through technical support and advice on their implementation.

We will ensure that your company’s accounting is applied in accordance with the required accounting standards, ensuring compliance with IFRSs. We will assist in guiding the company in identifying and addressing the challenging IFRS accounting issues.

The IFRS Advice Desk offers advice:
On the accounting treatment of various accounting issues, ensuring compliance with IFRSs.

On issues like the impact on the financial statements of the company, when adopting an accounting policy or on performing a specific accounting transaction.

Publications


MAY ICAS Newsletter Issue 17/2019
The Cyprus Securities and Exchange Commission ("CySEC"), wishes to inform the regulated entities. according to the National Risk Assessment ("NRA").  ...
13 May 2019
MAY ICAS Newsletter Issue 16/2019
The European Banking Authority ("EBA") launched a consultation on four draft Regulatory Technical Standards ("RTS") on the Standardised Approach for...
06 May 2019
APRIL ICAS Newsletter Issue 15/2019
The European Banking Authority ("EBA") published an Opinion on the nature of passport notifications of payment institutions ("PIs") and electronic...
06 May 2019
APRIL TAX Newsletter Issue 05/2019
We would like to bring to your attention that the Cyprus Tax Department (CTD) has issued an announcement providing clarifications...
24 April 2019
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