Fiscon’s IFRS Advisory team works with the clients to help them achieve compliance with International Financial Reporting Framework applicable on their business operations, new products and advising on the effective ways to organize the financial reporting processes and helping ensure accounting operations match the objectives of the business. 

With recent changes and issuance of new financial reporting standards, we provide support provision in the preparation of technical accounting position papers based upon client’s product and services and accounting issues faced, if any.

Following are key areas where we serve our clients.

• IFRS Compliance
• Preparation of financial statements and management reports
• Preparation of technical accounting position papers
• Bookkeeping and accounting services
• Virtual finance functional services

Successful organizations are currently focused to transform their business and make optimum utilization of resources to achieve sustainable business performance.

There are three key aspects to consider:

• Obtain accurate information to drive business insight
• Navigate the complexity of business enterprise and make the needed structural changes
• Focus on sustainable performance

Following are key areas where we serve our clients to maximize the overall value.

• Zakat and Taxation
• IAS 19 – Actuarial valuation of employees end of service benefits
• Risk management
• Internal controls review and assessment
• Internal audit services

At Fiscon, we are committed and ready to work with you realize your maximum for your business.

Our Business Advisory team develops and offers tailored, innovative and comprehensive solutions for specific client business needs that may not require the expression of opinions based on professional standards.

We use our analytical competency and business experience to comprehend complex and disparate business issues, data, information, governance issues and complete scenario modeling and analysis to enhance clients’ decision-making on business issues.

Currently we focusing on the following key service areas.

• Financial models
• Data analysis, insights, and data visualization
• Digital transformation and process automation
• Preparation or review of policies, procedures, and manuals
• Organization governance structure design and improvements
• Secondment and Outsourcing
• Talent management and development