International Financial Reporting Standards (IFRS)

International Financial Reporting Standards (IFRS)

The increase in stringency of regulatory measures and the changes in organisational structures of financial firms poses great importance on the accounting division. Here, at NeuralTechSoft, our team can help your organisation in accounting transactions, formulating accounting policies and ensuring compliance with the regulatory bodies. We ensure that our clients have a systematic and smooth conversion to IFRS.

We follow a step by step approach in aligning the current system with the provisions of IFRS. We also offer consulting services for developing an exhaustive Hedge accounting policy document covering:

  • The process to be followed while designating a hedge
  • Conditions that need to be fulfilled to qualify as a hedge
  • Discontinuation circumstances
  • Different situations and their corresponding entries