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IFRS Consultants

IFRS Consultants
Headquartered in Trinidad, West Indies, our firm is a regionally recognized, innovative accounting and consulting firm. In addition to the typical functions of such a firm, we specialize in IFRS Consulting, implementation and Training. Our services include: *Audit and assurance *Business Advisory Services *Consulting on the application of International Financial *Reporting Standards (IFRS Consulting) *Financial Accounting *Management Accounting *Outsourcing of payroll and accounting functions *Taxation *Transaction Management *Worldwide public and in-house IFRS training courses Our experience covers the following sectors: *Banking *Credit Unions *Energy *Financial Services *Insurance *Manufacturing *Telecommunications *Tourism
IFRS Consultants is based in Port of Spain, Trinidad and Tobago,
Headquartered in Trinidad, West Indies, our firm is a regionally recognized, innovative accounting and consulting firm. In addition to the typical functions of such a firm, we specialize in IFRS Consulting and Training.



OUR VISION

Our vision is to be the leading provider of value-added accounting and related services in Latin America and the Caribbean.


OUR MISSION

Our mission is to provide a range of high-quality services in a cost-effective manner, thereby adding value to our clients and our stakeholders. In so doing, we would have made a contribution to the financial and economic growth of the Caribbean and Latin American region.


Our firm draws on a pool of professionals with wide and varied experience so as to be able to present our clients with meaningful solutions. Our outstanding team has the credentials and experience to help you and your firm achieve your goals and objectives.

Our experience covers the following sectors:

-Banking
-Credit Unions
-Energy
-Financial Services
-Insurance
-Manufacturing
-Telecommunications
-Tourism


PRESENTATIONS
Detailed training workshops on various IFRS for accounting and finance professionals in:

*Antigua
*Bangalore
*Barbados
*Cayman
*Delhi
*Guyana
*Mumbai
*St. Kitts/ Nevis
*St. Lucia
*Trinidad and Tobago
*USA

Some of our workshops have been provided in conjunction with local and regional accounting associations as follows:

-The Association of Chartered Certified Accountants (ACCA)
-The Institute of Chartered Accountants of Barbados(ICAB)
-The Institute of Chartered Accountants of the Caribbean (ICAC)
-The Institute of Chartered Accountants of the Eastern Caribbean (ICAEC)
-The Institute of Chartered Accountants of Guyana (ICAG)
-The Institute of Chartered Accountants of Trinidad and Tobago (ICATT)

Highlights of our IFRS Consulting experience include, but is not limited to the following:
*Implementation, in a major financial institution, of the requirements of IFRS 7 Financial Instruments: Disclosures:. This included guiding the client as to the source and format of the information and drafting the requisite notes to the financial statements.

*Implementation in several significant entities, of the requirements of IAS 12 Income Taxes including complex situations involving tax loss carryforwards and loss-making situations. This included the preparation of journal entries and notes to the financial statements

*Implementation in several significant entities of the requirements of IAS 19 Employee Benefits. This included the preparation of journal entries and notes to the financial statements.

*Implementation, in several significant entities with substantial financial assets and financial liabilities, of the requirements of IAS 32/ 39 Financial Instruments: Presentation, Recognition and Measurement including issues pertaining to Hedge Accounting. This included the preparation of hedge documentation, journal entries and notes to the financial statements.

*Performing, in a significant entity with substantial property, plant & equipment, an impairment test consistent with the requirements of IAS 36 Impairment. This included the preparation of journal entries.
Risk Management group study and discussionworkshop / seminar : Our program on Risk Management gives an introduction into the leading models and principles of risk management. Citing concrete examples in the context of the current crisis, it demonstrates the benefits of effective risk management on firms, as well as the costly perils of risk management deficiencies. It is specifically tailored to the emerging roles of accountants and auditors in risk management with reference to legislative mandates. As such, the program highlights most recent issues and trends, and examines the impact on current and proposed International Financial Reporting Standards on these issues.
IFRS WORKSHOP
Revenue Recognition under IFRS- Workshop 1 of 2 instructor led traininggroup study and discussion : Our workshops are participative in nature and have as a main objective, the participants' ability to apply the standards in real-life, practical situations. While delegates do earn valuable CPD hours, which are quantified in accordance with internationally recognised procedures, our focus is on learning. We also provide in-house training and consultancy for corporate clients. In addition to our own workshops, we have provided training on behalf of the following: The Association of Chartered Certified Accountants more...
Head Office
67 Tragarete Road
Port of Spain
Trinidad and Tobago
Training and Seminar Locations
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