Pieter van der Zwan & Associates
We are specialist IFRS advisors. Our clients get high-quality advice from an advisor with whom they can build a close long-term personal working relationship.
Services
We offer tailored IFRS solutions to our clients. Our clients can expect balanced views that combine technical excellence, commercial insight and the personal touch of a trusted advisor.
Consultation on IFRS
It is necessary to understand the options available in terms of accounting standards before structuring a transaction or arrangement. We can guide you through this process.
IFRS Opinions
IFRS is inherently complex and requires judgement to apply. We prepare opinions on the application of IFRS to specific transactions or arrangements.
Financial statements quality review
We perform detailed reviews of financial statements for compliance with IFRS disclosure requirements.
Assistance with queries from auditors or regulators
IFRS requires judgement and insight as to the commercial substance of arrangements. These interpretations may be subject to disputes. We assist entities to respond to queries from auditors and regulators to minimise such disputes.
Advice on the implementation of new standards
IFRSs are dynamic and change regularly. We assist entities to consider the impact of new standards and interpretations on their businesses and implement changes if required.
Expertise
We advise on the application of IFRS in a wide range of industries. The industries, transactions and areas in which we have experience include:
Investment funds
Real estate
Agricultural
Financial services
Mergers and acquisitions
Corporate reorganisations
Financing arrangements and leases
Employee share incentives
Infrastructure assets
Consolidation and reorganisation
Revenue recognition from various business model
Clients
We aim to build a long-term working relationship with each client. Our regular clients include:
Small and medium entities that apply IFRS for SMEs
Medium to large corporates that apply IFRS
International groups
Accountants and auditors
Law firms
Governments (including tax authorities)
Prof Pieter van der Zwan
Pieter is a chartered accountant (CA(SA)) who holds a master’s degree in commerce (tax). He is an associate professor at a South African university. He is the author of chapters in various textbooks, peer-reviewed articles, and articles in industry publications. He has been practicing as an independent advisor since 2010. He serves on technical committees of various professional bodies.
articles
IFRS 19: Towards simplified disclosures
The International Accounting Standards Board (IASB) published IFRS 19 Subsidiaries Without Public Accountability: Disclosures (‘IFRS 19’) in May 2024. This standard provides relief for subsidiaries without public accountability whose parent companies...
Accounting for Climate-Related Commitments
As the importance of climate-related commitments grows in the corporate sector, questions arise regarding their accounting treatment under IFRS. The IFRS Interpretations Committee (IFRIC) received a submission requesting clarification on how IAS 37 applies to...
Business combinations: Post-acquisition payments to sellers
IFRS 3 Business Combinations (‘IFRS 3’) governs how entities account for the acquisition of businesses. One element of this is identifying the consideration paid for the acquired business. The IFRS Interpretations Committee (‘IFRIC’) recently issued a decision...
Financial assets with contingent features
In May 2024, the International Accounting Standards Board (IASB) amended IFRS 9 Financial Instruments (‘IFRS 9’). The amendments, among other things, address the classification and measurement of financial assets with contingent features in their...
IFRS 18: An overview of changes
The IASB published IFRS 18 Primary Financial Statements (‘IFRS 18’) in April 2024. This standard replaces IAS 1, the current standard for presenting financial statements. Entities must apply IFRS 18 to annual reporting periods beginning on or after 1 January...
Disclosing accounting policies
Accounting policies comprise of the specific principles, bases, conventions, rules and practices that an entity applies to prepare and present its financial statements. Entities must disclose their accounting policies in their financial statements. The format and...
Trust our expert knowledge and experience to reduce your uncertainty and solve your complex tax problems.
Need Advice?
We regularly advise clients on the application of IFRS and IFRS for SMEs. Do you need advice on how to account for a transaction, arrangement or restructuring? Do you need someone to review financial statements for IFRS compliance?