GAAP conversion challenges

Are you concerned about how a change in the reporting framework will affect your financial statements and your wider business? We can help you understand how the difference between accounting frameworks affect your processes and financial statements and assist you in making the right accounting policy decisions that are required.

Rapid impact analysis on IFRS conversion

We offer the possibility to use our KPMG GAAP Conversion Tool to perform an initial impact analysis for an IFRS conversion. In an online environment, you, as a customer, can work together with the KPMG team and identify differences between your current principles and the requirements under IFRS.

How can KPMG help

Examples of how we can help are:

  • perform an initial impact assessment, highlighting the differences between IFRS, US GAAP and NL GAAP;
  • identify the key accounting differences and prepare accounting proposition papers;
  • offer advice on accounting policy choices;
  • assist in the preparation of financial statements.

We identify the most significant accounting differences for your company between IFRS, US GAAP and NL GAAP and help you in the conversion of financial statements, management information and KPIs.

Capital Markets & Accounting Advisory Services (CMAAS) comprises a dedicated team of professionals providing accounting and financial reporting advice on a wide range of transactions and events, including adherence to new or revised accounting standards and assistance during (Capital Market) transactions. Due to our technical knowledge, industry experience and project management skills, we are well equipped to assist you in a variety of projects.

CMAAS services

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