Financial Reporting Standards & Advisory Services for International Accounting & Compliance
BKD understands the attention to detail and importance of International Financial Reporting Standards (IFRS). The trusted advisors serving our international clients receive ongoing training on IFRS and our teams complete audit work and issue reports under IFRS and International Standards on Auditing. We monitor changes in IFRS and efforts to converge U.S. and international accounting standards. We also monitor the activities of the U.S. Securities and Exchange Commission, the Financial Accounting Standards Board, and others related to the use of IFRS within the United States. We are committed to maintaining this working knowledge in our practice and providing our clients with meaningful and practical advice regarding future pronouncements.
Our services include audits of IFRS financial statements, component audit procedures for foreign-owned subsidiaries and reporting to parent auditors, IFRS effect evaluations, IFRS adoption planning, and IFRS accounting support. If your company is looking to transition to IFRS or needs assistance understanding the principles-based standards set by the International Accounting Standards Board, BKD can help.
BKD is one of the largest members of Praxity, AISBL, a global alliance of independent firms that enhances our ability to serve the dynamic needs of multinational clients.