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International Financial Reporting Standards (IFRSs) refers to a series of accounting pronouncements published by the International Accounting Standards Board (IASB) to help preparers of financial statements, throughout the world, produce and present high quality, transparent and comparable financial information. Nigeria Federal Executive Council approved that all companies in Nigeria should transit to effective from 1 January 2012.
Converting to International Financial Reporting Standards is much more than a reporting change. It will impact many departments and demand that you rethink processes across your organization.
LSC offers solutions to reduce the agony of conversion for clients. We can customize delivery for any size organization and any range of needs.