Promote your company with top quality financial reporting!
"The quality of financial reporting is an important negotiating point in obtaining cheaper financing." A recently published study from the University of Zurich has made this point clear. The upshot of the study is that companies that have correct and transparent financial reporting can lower their borrowing costs, giving them a distinctive competitive edge.
Switching to IFRS can be a real challenge
A company that transfers its assets and liabilities from the old method to the IFRS standard must also ensure the correct IFRS terminology is used in all the languages in which financial reports are prepared.
Write, edit, translate: IFRS-compliant texts
Link to the IFRS Foundation