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Nexia GmbH
Wirtschaftsprüfungsgesellschaft
Steuerberatungsgesellschaft
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40474 Düsseldorf
+49 211 171700
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  • Conversion to IFRS financial statements – first time application of new standards

    Accounting & Reporting Advisory

    Conversion to IFRS financial statements –
    first time application of new standards

Financial reporting is becoming ever more complex and even apparently simple transactions could have multi-layered effects on reporting. This is especially true for converting financial statements and accounting systems to international financial reporting standards (IFRS). This is not only a change in accounting frameworks but a comprehensive challenge that the goes hand in hand when applying new standards for the first time. Therefore the advantages and disadvantages must be carefully weighed against each other. Through our expertise in auditing, you have access to our comprehensive professional knowledge and our many years of experience at any time.

Our services are, among others, the following:
  • Supporting the conversion to IFRS
  • Auditing and preparing IFRS opening balances
  • Auding and preparing IFRS financial statements
  • Advising on the first-time application of new German GAAP or IFRS standards
  • Supporting you in dealing with complex accounting and consolidation issues under German GAAP and IFRS
  • Allocating purchase prices
  • Evaluating and assessing remuneration in accordance with IFRS 2
  • Dealing with embedded derivatives

Contact persons

Do you have any questions or do you need support?

Please contact our specialists. Our colleagues are glad to help you with any questions that may arise.

You will find a complete overview of our contact persons on the our team page of our website.

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