• 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.

We have also assisted clients in implementing the requirements of the following standards:

• IFRS 3 Business Combinations
• IFRS 4 Insurance Contracts
• IAS 1 Presentation of Financial Statements
• IAS 7 Cash Flow Statements
• IAS 8 Accounting Policies, Changes in Accounting Estimates, and Errors
• IAS 10 Events After the Balance Sheet Date
• IAS 16 Property, Plant and Equipment
• IAS 17 Leases
• IAS 18 Revenue
• IAS 21 The Effects of Changes in Foreign Exchange Rates
• IAS 27 Consolidated and Separate Financial Statements
• IAS 31 Interests in Joint Ventures
• IAS 37 Provisions, Contingent Liabilities and Contingent Assets
• IAS 40 Investment Property