The challenge of IFRS requires an entity-wide hollistic approach to financial reporting.  Our focus is on providing IFRS assistance and advice to our clients that is not only technically correct, but also practical and commercially astute.

The 'next wave' of IFRS transition is imminent, with significant changes known or expected across many areas, starting from 2009-2010. Key topics include segment reporting, business combinations, borrowing costs, investments, financial instruments and share-based payments. Further waves of IFRS transition can then be expected shortly afterwards. Entities need to understand these changes, design flexible systems and processes to handle their introduction and ensure that their voice is heard through the cacophony of opinion.