International Financial Reporting and Multinational Organizations
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.
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.
IFRS Services
Our team provides the following 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
Contact Us
For more information or to discuss your business needs, please connect with a member of our team.
