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IFRS Advisory: financial reporting you can stand behind

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IFRS Advisory
Introduction

Reporting that meets the global standard

International Financial Reporting Standards are the worldwide framework for preparing financial statements, and they matter more and more to businesses in the UAE.

Corporate Tax, closer scrutiny from the FTA and higher expectations from lenders and investors mean the quality of your financial reporting now carries real weight.

IFRS keeps changing. New and amended standards such as IFRS 15, IFRS 16, IFRS 9 and IFRS 17 have each required major accounting and operational changes.

Our IFRS team gives you specialist technical accounting support through every part of the framework.

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What RedBook provides

Our IFRS advisory services

Transition and implementation

  • Managing your move from local GAAP to full IFRS
  • Opening balance sheet preparation and restatement advice
  • Accounting policies, written and documented
  • Training for your finance team on new and amended standards
  • Technical advice on IFRS 15, IFRS 16, IFRS 9 and IFRS 3

Transaction and investor support

  • IFRS financial statements for fundraising, IPOs and M&A
  • Independent review of statements before audit or due diligence
  • Accounting due diligence to identify IFRS adjustments
  • Vendor-side financial statement preparation
  • IAS 36 impairment testing, including value-in-use models
Our process

A proven approach that delivers results.

  1. 01

    Assessment

    RedBook reviews your current accounting and finds the gaps.

  2. 02

    Transition

    RedBook manages IFRS adoption and your opening balances.

  3. 03

    Implementation

    RedBook sets policies, trains your team and embeds the standards.

  4. 04

    Ongoing support

    RedBook gives technical advice and gets you transaction-ready.

Need IFRS advisory support?

Make sure your financial reporting meets the highest standard.

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Frequently asked questions

Straight answers about how RedBook works with you. Ask us anything else on a call.

What services do you offer?

Four service lines: Accounting and Bookkeeping, Taxation, Advisory and Banking Services. That covers VAT and Corporate Tax, accounting and payroll, CFO support, company setup, bank account opening and more.

How can outsourcing accounting help my business?

It saves time and cost, improves accuracy and compliance, gives you access to expert advice and frees you to focus on running the business.

Which industries do you work with?

RedBook works across retail, professional services, manufacturing, healthcare, construction, hospitality and more. Tell us about yours and RedBook will match the right team.

Can you help with VAT and Corporate Tax compliance?

Yes. RedBook handles registration, preparation and filing, and advises on how specific transactions should be treated.