Complicated issues on accounting and reporting answered
Your organisation may face complicated accounting and financial reporting issues. For example, if you are having to deal with transactions such as a merger or acquisition, a capital market transaction, divestment, restructuring or bankruptcy. You may also encounter challenges in your day-to-day accounting, including lease accounting, revenue recognition and accounting for financial instruments. Furthermore, applying new legislation or transitioning to a different reporting standard can be complicated. Our experts will help you with all the complex accounting challenges you face.
IFRS 18 – The new era of financial reporting
The new reporting standard IFRS 18 Presentation and Disclosures in Financial Statements replaces IAS 1 and applies to reporting periods beginning on or after January 1, 2027. The standard aims to improve the transparency and comparability of financial statements and may introduce significant changes to your financial reporting. An overview of these changes can be found here.
Due to the mandatory retrospective application, it is important to assess the impact of IFRS 18 in a timely manner. Our experts in Accounting & Reporting, together with our experts in Digital Transformation, are happy to assist you with your IFRS 18 implementation.
'We like to solve complicated issues relating to accounting and reporting. Together with our clients, we create sustainable results that allow them to progress.'
Here's how PwC can support you
- Advice and support on complex IFRS and Dutch GAAP accounting issues
- Advice on hedge accounting, revenue recognition, lease accounting or other specific topics
- Project management for complex projects, such as conversion to a different accounting framework
- Embedding new accounting standards and processes
- Support for recurring accounting and reporting compliance
Tailored advice for your accounting function
We bring together our knowledge and expertise in technical accounting, technology and data, processes and risk & regulation to offer tailored advice. Our international teams know the latest and sector-specific legislation and apply it at a global level. Whatever solution is needed, we manage change, provide financial statement compliance support and optimise the quality and efficiency of your accounting function.
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