Advice on the adoption of Full IFRS: We accompany the process of mandatory implementation of full IFRS for companies classified as Group 1 under Decree 2420 of 2015 in Colombia, or for those who decide to do so voluntarily, by preparing the opening statement of financial position and the conversion of the figures from the comparative period to the year in which the first financial statements must be presented under Full IFRS.

Advice on the adoption of SME IFRS: We accompany the process of mandatory implementation of SME IFRS for companies classified as Group 2 under Decree 2420 of 2015 in Colombia, or for those who decide to do so voluntarily, by preparing the opening statement of financial position  and the conversion of the figures from the comparative period to the year in which the first financial statements must be presented under SME IFRS.

Design of accounting policies under IFRS: We support the definition and/or updating of new or existing accounting policies under IFRS.

Implementation of new standards issued by the IASB: We provide support in determining the accounting adjustments and changes in the figures and form of presentation of the items of the financial statements (assets, liabilities, income and expenses) as a result of the implementation of the new standards issued by the IASB and/or amendments made to existing IFRS.

Audit of IFRS implementation: Our methodology identifies the key areas of the Company's operations; in accordance with current IFRS reference standards, we review in detail the adopted accounting policies, the technical memoranda that support the decisions made, and establish improvements to be adopted in compliance with the regulations in force in Colombia at the date of our analysis.

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