Our services
IFRS & Technical Accounting
Specialist IFRS support: transitions, policies, ECL models and complex judgements.
Complex standards call for specialist judgement. Backed by the ACCA Diploma in IFRS, we help you apply the standards correctly, document your positions and present statements that stand up to auditors, lenders and regulators.
What’s included
- IFRS advisory and technical position papers
- Transition from IFRS for SMEs to full IFRS
- Accounting policy development and implementation
- Expected Credit Loss (IFRS 9) models
- Revenue (IFRS 15) and leases (IFRS 16) implementation
- Employee benefits and actuarial valuations (IAS 19)
What you receive
IFRS-compliant financial statements and notes
Accounting policy manual
ECL calculation models with documentation
Technical memos for auditors and boards
Frequently asked questions
When should we move to full IFRS?
It depends on your size, ownership, lenders and regulators. We assess your situation and plan a smooth, well-documented transition when it is required or beneficial.
Can you build an ECL model for our receivables?
Yes. We build IFRS 9 expected credit loss models — usually the simplified approach for trade receivables — with full documentation for your auditors.
Can small UAE companies use IFRS for SMEs?
Yes, for Corporate Tax purposes where revenue does not exceed AED 50 million. Above that, full IFRS is required.
How do we account for end-of-service benefits?
Under IAS 19, as a provision for every employee, updated at each reporting date. Larger employers use an actuarial valuation; we prepare the schedule and supporting workings.
Do we need to apply IFRS 16 to our office lease?
Under full IFRS, most leases longer than 12 months go on the balance sheet as a right-of-use asset and a lease liability. IFRS for SMEs treats leases differently, so the answer depends on your framework.
Related guides
- Corporate TaxUAE Corporate Tax Guide: Rates, Registration, Deadlines and Penalties
- Audit & reportingDo You Need Audited Financial Statements in the UAE?
- Corporate TaxTransfer Pricing in the UAE: What Owner-Managed Businesses Need to Know
- Payroll & HREnd-of-Service Gratuity in the UAE: How to Calculate It and Account for It
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Auditing, accounting, tax and advisory from Business Bay, Dubai — serving businesses across all seven Emirates.