Providing Financial Reporting Training, Consulting and Litigation Services
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About us
Australian Financial Reporting Solutions is a boutique provider of expert training and consulting services in the realm of accounting standards, ethics and sustainability disclosures.
Based in Australia, we are dedicated to enhancing financial reporting and accountability across diverse industries.
Why AFRS?
Our expertise
Carmen Ridley is the Director and Principal of AFRS. Carmen is a respected expert in the field of accounting standards, and she served on the Australian Accounting Standards Board for the maximum permitted term of nine years, from 2012 to 2020. This tenure is a testament to her profound knowledge, unwavering commitment to excellence, and significant contributions to the development and application of accounting standards in Australia.
Agile and personalised service
As a boutique consulting firm, AFRS takes pride in our agility and responsiveness. Unlike larger firms burdened with layers of reporting and bureaucracy, our streamlined structure allows us to be exceptionally nimble and adaptive to our clients’ needs. This means quicker turnarounds, more personalized attention, and a flexibility that larger organizations often struggle to match. Our clients value this approach, as it allows us to deliver tailored solutions promptly, ensuring that their needs are met with the utmost efficiency and effectiveness.
Collaborative expert network
Carmen’s expertise is enhanced by her network of professional colleagues who engage in peer review consultations, providing a collaborative professional review that ensures a comprehensive and well-rounded approach to our services. This collaborative brings together diverse perspectives to ensure the highest level of expertise and adds depth and breadth to the solutions we offer.
Empowering you
We aim to empower finance professionals with the knowledge and skills necessary to navigate the complexities of International and Australian Accounting Standards to enable you to have the confidence and expertise to understand the financial reporting implications of your transactions and events rather than providing you with only a technical report.


