Services

        Correctly applying IFRS can be challenging and onerous.  We can help you address complex accounting matters by designing effective solutions tailored to your needs.  Our team apply their extensive knowledge and experience to support you in determining, understanding and applying the appropriate accounting treatment to transactions or events.  

We take a proactive approach to assisting our clients with the practical implementation of accounting and reporting issues.  We have expertise across all accounting standards with specific areas of specialty in financial instruments (including treasury and hedging) and share-based payments.

        Our team’s unique skill set combines financial reporting expertise with extensive practical experience in valuations.  This allows us to support you in performing the valuations of transactions / instruments, ensuring compliance with the relevant IFRS.

Our areas of specialisation include:

i)            Financial instrument valuations

We support clients in performing the valuation of financial instruments (under IFRS 9) required to be measured or disclosed at fair value.  This includes the valuation of:

o   Debt instruments

o   Preference shares

o   Derivative instruments (including put and call options)

o   Guarantees

ii)            Share-based payment schemes

Applying derivative-pricing principles, our team assists our clients perform the valuations of IFRS 2 share-based payment schemes.  This includes quantifying any IFRS 2 charge arising from the implementation of BEE schemes.

iii)           Other valuations

We support our clients in performing IFRS valuations, ensuring compliance with the relevant accounting standards.

Hedge accounting is one of the most complex and still-evolving areas of accounting.  Our team members advise clients on the design and implementation of hedge accounting strategies.  We understand the practical nuances of applying hedge accounting and support our clients in:

o   Assessing the eligibility for the application of hedge accounting;

o   Meeting the pre-requisites for the application of hedge accounting, including drafting of appropriate hedge documentation; and

o   Correctly apply hedge accounting on an ongoing basis in the financial statements (including assessing hedge effectiveness). 

         We offer training to our clients, sharing our knowledge and experience to facilitate the application of accounting standards.  Our training is differentiated by the fact that we structure our presentations and learning materials to go beyond a theoretical approach and facilitate the practical application of the accounting standards in your business.  This is achieved through the inclusion of worked examples in our training sessions, illustrating the practical application of the accounting requirements in your business.  

Our training sessions are presented virtually and are accompanied by learning material provided to participants that can be retained for future reference.