Get tailored guidance on IFRS standards to ensure your financial reporting and accounting are transparent, accurate, and fully compliant.
OVERVIEW
Expert Preparation for Your Financial Success
Preparing annual financial statements is crucial for your business’s economic health and regulatory compliance.
Our seasoned team is here to support and guide you through every step of the process, ensuring that your financial statements are accurate, compliant, and reflective of your company’s financial position.


services
Our Key Services Include

Preparation of Annual Financial Statements
Accurate and timely preparation of financial statements using the IFRS accounting framework.

Detailed Consolidation Analysis
Comprehensive handling of consolidated financial statements to reflect group performance.

IFRS Compliance
Review
In-depth, thorough review to confirm all IFRS requirements are met.

IFRS
Advisory
Remain on top of the latest IFRS standards and updates, with expert advice to ensure accurate reporting.

Implementation
Support
Assistance with the transition to IFRS, including policy development and process adjustments.

Ongoing
Advisory
Continuous support and advice on IFRS matters and updates.
What you should know
What is IFRS and why is it important?

IFRS (International Financial Reporting Standards)
are globally recognized accounting standards developed by the International Accounting Standards Board (IASB).
They provide a common framework for financial reporting, focusing on transparency, consistency, and comparability of financial statements across different countries and industries.
IFRS covers a range of topics such as revenue recognition, financial instruments, and leases, and is widely adopted by companies to communicate financial information to investors, regulators, and stakeholders, promoting global economic stability and transparency in financial markets.
Challenges and Benefits of IFRS Consulting

Implementing IFRS can be a bit overwhelming. It’s complex, always evolving, and can come with upfront costs – especially if you’re shifting from local standards.
But here’s the upside; once you’ve cracked the code, you’re compliant on a global scale, which means more transparency and trust with investors.
Staying updated can feel like a constant juggling act, but doing so boosts your credibility. While the transition might sting, it leads to cleaner, more efficient financial reporting that supports your growth efforts in the long run.
Comprehensive IFRS Solutions
Our services cover all aspects of International Financial Reporting
Standards (IFRS), including:
IFRS Compliance
Complex Consolidations
IFRS Implementation
Cost Accounting
Financial Accounting & Reporting
IFRS in Accounting
Lease Accounting
Let’s work together
Why Choose OCFO?

IFRS Experts
Our team consists of experienced professionals with deep knowledge of IFRS and financial reporting standards.

Tailored Solutions
We offer customized solutions to meet the unique needs of your business.

Accuracy & Compliance
We prioritize accuracy, compliance and communication to make sure your financial statements are reliable and meet regulatory requirements.

Proactive Support
We help you stay ahead of regulatory changes and maintain compliance with the latest IFRS standards. Our proactive approach supports you in navigating challenges in financial reporting.
Need Expert IFRS Guidance?
Schedule a free consultation today to discuss your IFRS compliance needs and streamline your financial reporting.
Testimonials
What Our Clients Say

OCFO’s technical department has supported us with complex multinational IFRS consolidations (including all those pesky IFRS7 disclosures!), AFS drafting, foreign tax administration and much more. As a multi million dollar group operating in 10 countries on the continent, it is invaluable to have seasoned experts to turn to!
Doretta Uys
Tax & Audit Manager, Korridor
Find out more
FAQs
Do you assist with transitioning from local GAAP to IFRS?
Yes, we specialize in helping businesses transition from local accounting standards to full IFRS or IFRS for SMEs.
How long does the IFRS transition process take?
The timeline varies depending on your company’s complexity. We work with you to create a plan that suits your business’s needs.
Can you provide ongoing IFRS advisory services?
Yes, we offer continuous support to keep your financial reporting compliant with the latest IFRS updates.
Do you offer IFRS training for our finance team?
Absolutely, we provide comprehensive IFRS training to ensure your in-house team can manage financial reporting confidently.