International Financial Reporting and Multinational Organizations

International Accounting Services

Withum’s International Financial Reporting and Multinational Organizations Services Team understands the nuances of international accounting standards, whether financial reporting is required under International Financial Reporting Standards (“IFRS”) or the group accounting policies provided. In addition, we have expertise in International Standards on Auditing (“ISA”). Withum is part of the HLB, a global network of firms providing access to experts around the globe.

When Withum is selected as a component auditor of a US Subsidiary of a foreign parent, we will work with the group auditor to determine the most cost-effective approach to meet the needs of the group auditor. Withum provides a quality audit for which the group auditor can be comfortable.

Withum utilizes modern technology that assists in remote auditing, which is essential when working with international companies and other firms across the globe.

IFRS Services

  • Group reporting package audits of US subsidiaries with a foreign parent
  • Audits of financial statements in accordance with IFRS and ISA
  • Audits of financial statements in accordance with US GAAP and US GAAS for US parent companies with foreign subsidiaries
  • Specific audit procedures on group reporting packages
  • Reviewed financial statements in accordance with International Standards on Review Engagements (“ISRE”)
  • Assistance with the preparation of IFRS financial statements
  • Conversion from IFRS to accounting standards generally accepted in the United States
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Proud Member of HLB

As a premier international tax firm, Withum is also an independent member of HLB, the Global Advisory and Accounting Network. As a member of HLB, we offer international knowledge and expertise that our clients can rely upon, providing direct access to professional accountants and business advisors in over 150 countries.

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Why Withum

Assurance and Accounting Services are the cornerstone of our firm helping stakeholders in your organization such as owners and investors, boards of directors, audit committees, lenders, management, customers, and vendors with accurate financial data to carry out their duties and make informed business decisions.

50+ Years of SEC Experience

Withum became one of the first non-national accounting firms to voluntarily join the AICPA SEC Practice Section and the Private Companies Practice Section. We have participated in the AICPA peer review program, passing all peer reviews.

PCAOB Inspected

Withum subjects its SEC public company and broker-dealer practices to periodic inspection by the Public Company Accounting and Oversight Board (PCAOB) and is committed to working with the PCAOB to enhance audit quality.

Dedicated Team of Professionals

Our dedicated team members possess the expertise necessary to give the stakeholders confidence in financial information.

Connect with our Leaders

Shannon-Metz_Web
Partner
East Brunswick, NJ
Ed'OConnell_Web
Partner, Service Leader
East Brunswick, NJ
Christina-Flynn_Web
Partner
East Brunswick, NJ

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For more information or to discuss your business needs, please connect with a member of our team.