KPMG's Accounting Advisory Services practice is well positioned to help you implement new accounting standards.
IFRS and Accounting Change Services
The efforts by the IASB and FASB to converge accounting requirements across a number of key topics is
driving significant changes in both IFRS and US GAAP. These forthcoming accounting changes in IFRS and US GAAP over a prolonged period of time could impact the way companies conduct business and track, measure and
report various transactions and interests. The volume and significance of the topics currently under
deliberation has the potential to result in a period of unprecedented change, and the implementation of these accounting changes throughout an organization may require significant time and resources. Some of these
changes are transformational in nature and may impact the entire organization (systems, processes, controls, record keeping, performance measurement and results, communication).
KPMG's Accounting Advisory Services practice is well positioned to help you implement new accounting standards. KPMG professionals can provide timely advice on the impacts of accounting changes, assist you
in the development of an implementation roadmap and conduct technical training sessions to equip your team with the knowledge to navigate new standards successfully.
What to expect from us
Minimal operational impact and clear communication.
What you gain