For accounting according to the International Financial Reporting Standards
As the term of our country's joining the World Trade Organization (WTO) approaches, the problem of transition of Kazakhstan companies to the use of International Financial Reporting Standards (IFRS) gets the increasing sharpness.
At primary formation of the balance sheet by the rules of IFRS, all assets of the enterprise have to be analysed, including those which were not set on balance earlier according to Kazakhstan standards of accounting.
After such analysis, all assets of the enterprise have to be estimated according to the requirements of IFRS and their cost has to be reflected in the relevant balance articles.
Who accepts our reports?
Our reports are accepted by all banks of Kazakhstan, financial institutions engaged in lending, leasing and other forms of financing. Today the company actively works with more than 25 banks and other financial institutions.
How much is the service?
The cost of service is calculated according to the amount of works which is necessary to be done. For this purpose You will have to send the copy of the documents specified in the appropriate section of this service to our e-mail and to contact our experts.
How long will be the valuation?
Our experts possess considerable experience in carrying out the valuation therefore the valuation on this type of service will be carried out in the shortest terms. In particular, the valuation for IFRS will take from 5 to 10 days.
What is necessary for the valuation?
For the valuation You have to come with the documents to our company office and to provide the object of valuation for the survey of our company specialist.
What documents are necessary at the valuation for IFRS?
Certificate on registration of legal entity
Charter and foundation agreement
Organizational structure of the enterprise
Company description (development history, capacities, product range)
Company development plans (business plan, financial plans)
Problems of branch development, main competitors, description of strengths and weaknesses
Accounting reports for the last five years
Interpretation of articles: revenues (on kinds of activity) and prime costs (under articles of expenses)
Interpretation of balance articles: fixed assets: year of registration, initial and residual balance cost, amount of depreciation in a month, date of the last revaluation; the list of intangible assets, short-term and long-term financial investments, incomplete construction (including input date, initial and residual costs)
Receivables (the list of the largest debtors with a debt size, date of creation and breakdown on past-due terms. Uncollectible debts.)
Right supporting documents on all objects of real estate. The copies of technical data sheets. The copies of certificates on property
Data on the equipment
Copy of certificates on intangible assets registration (trademarks, etc.)
Title and right supporting documents on (property) right of land plot use. Cadastral plans. The certificate of land tax size
Data on subsidiaries. Annual balances and reports on profits of the Companies in which there is a participation
Existing lease contracts with the amount of rent payments
List of main suppliers and buyers with the indication of everyone's share in a total amount