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 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.
We advise on the application of IFRS in a wide range of industries. The industries, transactions and areas in which we have experience include:
Mergers and acquisitions
Financing arrangements and leases
Employee share incentives
Consolidation and reorganisation
Revenue recognition from various business model
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
Accountants and auditors
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.
It is often a complex decision to classify an instrument issued by an entity as debt or equity. IAS 32 Financial Instruments - Presentation (‘IAS 32’) governs this classification. The standard provides broad principles as well as detailed guidelines to assist...
IAS 1 Presentation of Financial Statements deals with, amongst others, the classification of assets and liabilities as current and non-current. The requirements to classify liabilities as current or non-current were amended in 2020 (click here for the amendment). The...
It is at the core of accounting for any business activities to identify and report revenue from those activities correctly in the entity’s financial statements. IFRS 15 Revenue from Contracts with Customers (‘IFRS 15’) establishes the principles to account for...
The South African National Treasury announced on 23 February 2022 that the corporate tax rate is reduced from 28% to 27% for years of assessment that end on or after 31 March 2023. One of the accounting questions that stem from this announcement is how companies...
There is a global drive towards renewable energy. In this context, entities have increasingly entered into renewable power purchase agreements (‘PPAs’). These agreements enable funding of the development of medium to long-term investments in renewable energy. They...
Companies use employee share plans (or employee stock ownership plans as they are also called in some jurisdictions) to incentivise key staff members and align their objectives with those of the shareholders of the company. These plans must often be accounted for as...
Trust our expert knowledge and experience to reduce your uncertainty and solve your complex tax problems.
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?