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Beyond borders.

The impact of IFRS accounting standards is already being felt by U.S. companies as more and more U.S. subsidiaries of foreign companies are converting to IFRS to align their financial reports with their parent company. Further, transitioning from U.S. GAAP to IFRS is not just an accounting issue; it can lead to significant changes throughout the organization. A switch to IFRS can impact information systems, vendor contracts, tax reporting, benefit plans, and more. Proper planning is important to minimize disruptions and controlling costs associated with this conversion process.

Our services

Assisting management with selection of IFRS accounting policies

by focusing on best accounting practices regarding information systems, vendor contracts, tax reporting, benefit plans, and more.

Identifying client-specific US GAAP to IFRS differences

by understanding a transition from U.S. GAAP to IFRS is not just an accounting issue, but one that will lead to significant changes throughout the organization.

Identifying disclosure requirements

through our expert knowledge of international tax law.

Quantifying adjustments necessary to convert from US GAAP to IFRS

with the help of our depth and experience in calculating necessary conversion processes.

Preparing IFRS financial statements and disclosures

through MCM’s precise and dedicated staff, who have a breadth of knowledge on IFRS financial requirements

IFRS technical support

through our proven effective IT security frameworks.

IFRS training for client personnel

with the help of MCM’s informative and accessible IFRS information sessions.

IFRS implementation plan and project management

through the guidance our comprehensive advisory role, which will make your IFRS transition seamless.

Audits and reviews of IFRS financial statements

with MCM’s internal auditing services, which represents a large array of industries.

Contact us for more information.