Sporządzanie Sprawozdań Finansowych według MSSF z Wykorzystaniem Waluty Funkcjonalnej (Dual Currency)
Our service is dedicated to entities that, for reporting purposes under International Financial Reporting Standards (IFRS), need to adopt a functional currency other than the currency of the country where they operate and in which their accounting books are maintained. In such cases, it is crucial to ensure that financial statements comply with international standards and accurately reflect the company’s financial position.
Our services include:
Preparation of individual and consolidated financial statements in accordance with IFRS: We prepare complete financial statements, including balance sheets, income statements, cash flow statements, and statements of changes in equity, as well as the introduction to the report, description of accounting policies, and additional notes, all tailored to international standards. Our services also include converting data from the currency in which the books are kept to the functional currency and subsequently to the presentation currency as per IFRS.
Adapting statements to local and international requirements: We ensure full compliance with IFRS, facilitating effective communication with international stakeholders.
Our approach:
Our collaboration is based on a deep understanding of the unique needs of each company. With a team of qualified specialists with international experience, we provide support to help companies meet the challenges related to IFRS. We offer flexible solutions tailored to the scale and complexity of operations, from temporary support to full outsourcing of reporting processes.
Tools and Technologies:
We offer the ability to access your accounting records online via a secure VPN connection, allowing for real-time monitoring and analysis of financial data, conversion of all transactions to the functional currency, and preparation of financial statements without unnecessary involvement on your part.
Additionally, we have automated tools to efficiently calculate cash account transactions using the FIFO method for currencies other than the functional currency.
Services We Have Provided So Far:
Our experience includes working with numerous companies with diverse needs, including publicly traded companies on the Warsaw Stock Exchange (GPW) and companies operating in various sectors. We have successfully implemented functional currency conversions and prepared IFRS-compliant financial statements for our clients, allowing them to effectively communicate financial information in international markets.
