BDO Sanyu Audit Corporation has experience not only in audits of listed companies applying IFRS, IPO (Initial Public Offering) audits, and audits of foreign companies applying IFRS (so-called referral services), but also in supporting companies preparing to apply IFRS, supporting the application of IFRS to individual standard units (such as leases and impairments), and supporting services and consulting services during financial due diligence, such as impact studies of IFRS application and preparation of financial statements from IFRS reclassifications. BDO International has experience in providing support services and consulting services such as impact studies of IFRS adoption during financial due diligence, preparation of financial statements from IFRS reclassification journal entries, and so on. In addition, BDO International has accumulated various experiences and know-how in IFRS implementation.
Furthermore, BDO International and BDO Japan desk network with more than 94,000 employees in 169 countries and regions around the world enables us to provide services not only in Japan but also in other countries around the world.
Thus, by utilizing our experience, know-how and network of IFRS implementation, we can efficiently and effectively implement IFRS and also contribute to the reduction of IFRS implementation costs.
BDO Sanyu & Co. can assist with your IFRS implementation utilizing our extensive experience and know-how accumulated with BDO International. BDO International's database contains interpretation guidelines for each IFRS standard and contains illustrative financial statement disclosure in addition to commentaries on key points regarding each IFRS standard. In addition, the database is useful when the standards are difficult to interpret and cases are available to assess the accounting.
Furthermore, utilizing the BDO Japan Desk and BDO International network, BDO Sanyu & Co. can provide services not only in Japan but also in other countries around the world. By utilizing our experience, know-how and network of IFRS implementation, our IFRS team are effective in implementing projects and in addressing new IFRS standards to minimize the costs and burden for clients.
(Examples of Services)
- Support for researching the impact on financials, business processes, and accounting systems
- Consider of accounting treatments and policies to comply with IFRS
- Support for improving business processes associated with the application of IFRS
- Support for promotion of documentation that conforms to business operations after IFRS adoption
- Support for IFRS closing and disclosure
- Support for education and training on the knowledge required for IFRS application, and advice on education planning, etc.
For inquiries about IFRS financial statement audits, please use the BDO Sanyu Inquiry Form.
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