KPMG professionals help their firms’ clients with the accounting aspects of their financial reporting and compliance obligations.
Accounting advisory services
With the increase in complexity of the business environment and transactions, financial reporting is becoming increasingly challenging. This challenge is amplified by the significant changes being envisaged in the financial reporting standards in many jurisdictions. Numerous companies are also seeking to improve their processes to achieve timely and accurate financial reporting.
KPMG member firms' Accounting Advisory Services practice comprises of a dedicated team providing accounting and financial reporting advice and support to member firms audit and non-audit clients on a wide range of transactions and events, including adherence to new or revised accounting standards and effective management of the financial reporting processes, to support through an IPO process.
KPMG firms serve many of the world's leading multinational corporations as well as financial investors on a recurring and event-driven basis. Our teams have a variety of skills including technical knowledge and experience, regulatory and standard setting experience, complex transaction and event understanding and process enhancement and project management capabilities. Our resources include personnel with experience in member firms national technical offices in the International Standards Group and Department of Professional Practice, former IASB and FASB members, and former members of the finance and controller's staff of corporate organizations.
This IFRS newsletter reports on the IASB's July discussions on financial instruments.