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Transition and Training on International Financial Reporting Standards.
At Kissi Consult, our statutory audit service goes beyond mere compliance. We provide an independent and rigorous examination of your financial statements to give shareholders, directors, regulators, and other stakeholders confidence that your reported financial position is accurate, complete, and fairly presented in accordance with International Financial Reporting Standards (IFRS) and the Companies Act, 2019 (Act 992) of Ghana.
Our experienced audit professionals combine strong technical expertise with deep sector knowledge to deliver audits that are not only thorough and compliant but also insightful. Beyond expressing an audit opinion, we identify opportunities to strengthen your financial management processes and internal control environment, supporting long-term governance and accountability.
What We Offer
Diagnostic review of current accounting policies against IFRS requirements
Tailored transition plans to move from local GAAP or other frameworks to IFRS
Comprehensive training workshops for finance teams, management, and boards
Guidance on IFRS disclosures, presentation, and compliance requirements
Ongoing advisory support during the transition period
Preparation of IFRS compliant financial statements and consolidation processes
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Key Benefits to Your Organisation
IFRS is the global benchmark for financial reporting, enhancing transparency, comparability, and investor confidence. Transitioning to IFRS ensures that your organisation’s financial statements meet international standards, opening doors to global capital markets and strengthening credibility with regulators, lenders, and donors.
Smooth transition from local standards to IFRS with minimal disruption
Enhanced comparability of financial statements across jurisdictions
Improved transparency and credibility with investors, regulators, and stakeholders
Strengthened financial governance and reporting discipline
Access to practical training that builds in house IFRS expertise
Regulatory Compliance
Our transition services align with IFRS standards issued by the International Accounting Standards Board (IASB) and the Companies Act 2019 (Act 992) of Ghana. We ensure that your organisation’s reporting framework meets both international and statutory requirements.
Our Approach
We adopt a phased methodology to guide organisations through IFRS transition.
Begin with a diagnostic gap analysis to identify differences between current practices and IFRS requirements.
Deliver tailored training sessions for finance teams, management, and boards to build practical knowledge.
Provide hands‑on support for IFRS implementation, ensuring smooth adoption of standards.
Emphasize collaboration with your finance team, helping them gain the knowledge and confidence to sustain IFRS compliance independently.
Sector Expertise
Kissi Consult has guided companies, public enterprises, and NGOs through IFRS transitions across diverse industries. This breadth of experience allows us to provide sector‑specific insights that make IFRS adoption practical and relevant to your operations.
WHO THIS IS FOR
Organisations preparing to adopt IFRS for the first time, entities seeking to strengthen compliance with international standards, and finance teams requiring structured IFRS training to build internal capacity.