International Financial Reporting Standards (IFRS)


IFRS are undergoing changes. Whether revenue recognition, leasing or financial instruments: past concepts are being replaced by new principles.

IFRS are undergoing significant changes.

How can KPMG help?

KPMG’s IFRS International Accounting and Reporting Group is a committed team of specialists with a wealth of experience. We are well-versed with the industry-specific challenges you face and put our practical experience to work to help you implement and adopt IFRS.

We actively monitor developments in the area of international financial reporting standards and provide you with updates on and analyses of the concrete impact these developments will have on your company.

KPMG’s expertise

  • Adoption and impact assessment of new and/or revised international financial reporting standards
  • Advising on the accounting implications of complex transactions based on IFRS
  • Structuring and mapping of transactions (financing, business acquisitions incl. measurement-related questions, discontinued operations and impairment testing)
  • Conversion from different financial reporting standards to IFRS
  • Customized IFRS training sessions with practical and industry-specific examples
  • Support in the preparation of pro forma or carve-out consolidated financial statements and annual financial statements


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On 13 January 2016, the IASB issued the new leases standard IFRS 16.

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How the new IFRS will impact your revenue.

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KPMG's insights on the international financial reporting standards and related matters.

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