Prepare for changes to your financial reporting due to changing accounting standards, accounting framework conversions, or large, unusual, infrequent transactions
You rely on your external auditor to deliver a high-quality, independent audit of your financial statements and to offer some limited support in raising awareness around the potential impact of new and amended accounting standards. However, their requirement to maintain independence can limit their ability to support you.
Grant Thornton’s FRAS team can pick up where your external auditor leaves off and provide advice on how you can respond to accounting challenges.
We’ll help you:
Convert your financial statements to another accounting framework including IFRS, U.S. GAAP, and ASPE
Gain an in-depth understanding of your external auditor’s expectations around analysis and documentation
Prepare for your year-end audit and prepare you to collaborate with your external auditor
Develop position papers on complex accounting matters or non-routine transactions
Understand and implement new and amended accounting standards
Learn by leading hands-on workshops facilitating the application of new or existing standards