With the advent of IFRS, organisations are facing a new regulatory environment with an array of related governance and compliance issues. A key and continuing challenge for all organisations is to embed IFRS into their systems and processes in a flexible and proactive manner.

Our IFRS-related services reflect our first-hand experience in assisting firms large and small deal with the best practice, governance and compliance issues that IFRS brings. In addition, Deloitte in Australia is one of eight Centres of Excellence that together form our Global IFRS Leadership Team (GILT) – so we are at the forefront of IFRS expertise.

Some of our services include:

• accounting advisory – assisting our clients identify and implement informed and practical solutions in light of uncertainty that IFRS commonly brings
• treasury – our Financial instruments advisory services (FIAS) team specialises in assisting companies with their treasury issues, derivative transactions and controls
• acquisition advice – we bring a multi-disciplinary and transaction oriented approach to mergers and acquisitions to ensure optimal accounting outcomes that are balanced against other requirements
• training – tailored training solutions drawing on our expertise and aligned with your needs
• secondments – providing highly training and skilled accounting professionals for special projects, fill interim gaps in staff appointments and in specialist areas
• financial close process optimisation – a proven methodology, implementing best practice and reducing risk and cost in internal and external reporting
• IFRS Healthcheck – a post-review process providing directors and management with a report card on IFRS performance, highlighting risks and pinpointing future actions
• governance – tailored corporate governance solutions to meet needs at the board, individual director and CXO levels.