International Financial Reporting Standards (IFRS)
The globalization of business means that clients have a growing need for financial statement audits and reports that meet cross-border standards. At FML, we have an understanding of where the standards of U.S. GAAP and International Financial Reporting Standards (IFRS) diverge, which provides insight into potential pitfalls and gaps within the reporting process.
We possess the technical expertise to perform audits under International Auditing Standard (IAS) and to prepare financial statements in accordance with IFRS. Industry experience and a global alliance with PrimeGlobal mean we can perform audits of domestic subsidiaries of foreign parents reporting on foreign exchanges, as well as oversee audits in foreign jurisdictions for U.S.-based companies.