All Saudi Arabia companies that are listed on the Capital Market Authority (CMA) are required to produce their year-end consolidated and interim financial statements in accordance with International Financial Reporting Standards (IFRS). We offer IFRS conversion services as per the client & applicable regulatory requirements tailored to SOCPA requirements. We have significant experts in helping companies and other organizations through the process of transitioning to IFRS 9, IFRS 15, IFRS 19 and IS 19. Salient features:

• Local GAAP to IFRS conversion.
• IFRS for SMEs to Full IFRS conversion.
• Cash basis to IPSASB for government clients
• Support in adopting complex standards like IFRS 9 IFRS 15, IFRS 19 and IS 19.
• Gap analysis, preparation of template FS & adjustment entries.
• Preparation of ECL models upon adoption.