Depending on the customer’s wish, the first preparation of finance accounting based on ISFA can be performed either by our specialists alone, or by involving (participation) the staff of the customer accounts.
When signing the agreement on the preparation of accounts in the ISFA format, we perform:
- the development of the main principles of forming ISFA accounts
- the development of the regulations for ISFA accounting in an organization
- interpretation of the Russian bookkeeping data in terms of ISFA
Cooperating with us, the Customer’s financial services will further be able to prepare ISFA accounts without anybody else’s help.
However, the application of the international standards of accounts in the world practice is relatively new practice, and, therefore, ISFA standards (IFRS, GAAP) undergo frequent changes. Our consultants will help you to be aware of recent changes in ISFA.