Accounting consulting services
Financial reporting has rapidly evolved under New Zealand's equivalents to International Financial Reporting Standards (NZIFRS). The new framework has forced entities to change their traditional accounting practices and reconsider how their business will meet today's more stringent requirements.
In order to operate efficiently under the NZIFRS regime, entities need to have a sound grasp of the international standards and an understanding of the upcoming financial reporting developments that are likely to impact their business.
ACS and PwC
PwC has a global network of consultants who are experts in dealing with International Financial Reporting Standards (IFRS). The group consists of IFRS specialist partners and staff who ensure the consistent interpretation of IFRS.
Some of the ways this is achieved is by:
- Working with New Zealand businesses to resolve specific, complex technical issues
- Delivering insight into financial reporting issues through timely newsletters and publications
- Holding Financial Reporting Update events throughout New Zealand to inform New Zealand entities of recent changes to the reporting requirements, raise awareness of problem areas in practice and highlight upcoming news from the standard-setters