AFRS provides the following services to clients across the private, public, for-profit and not-for-profit sectors.
Consulting Services
We specialise in providing expert opinions on accounting treatments in accordance with IFRS and AASB standards. This includes the development of comprehensive position papers to robustly support the treatment adopted in your financial statements. With our guidance, you can navigate complex accounting scenarios with confidence, ensuring compliance and clarity in your financial reporting. We provide support in articulating the chosen accounting treatment to your auditors, ensuring clarity and mutual understanding of the approach adopted.
Training services
At AFRS, we offer bespoke training sessions, available both face-to-face and virtually. These sessions are tailored to meet your specific needs, covering a range of critical topics such as new financial reporting pronouncements, ethics, sustainability disclosure in financial statements, refresher courses on existing accounting topics, and regulatory updates. Our training is designed to be engaging and informative, ensuring that your team is well-equipped to meet the challenges of today’s dynamic external reporting landscape.
Litigation support and expert witness opinions
Our expertise extends to providing critical support in legal contexts as expert witnesses. With extensive experience in advising lawyers and drafting expert opinion reports, we offer invaluable assistance in cases involving Australian and International Accounting Standards. Our in-depth knowledge translates into clear, concise, and legally cogent advice, making us an asset in any legal proceeding involving complex accounting issues.
Sustainability/ climate reporting
The disclosure of sustainability, particularly climate risks and opportunities, is becoming increasingly vital. We can help you navigate the Australian Sustainability Reporting Standards, ensuring that your financial statements reflect not just the economic but also the environmental and social dimensions of your business. Our expertise will guide you in effectively disclosing sustainability aspects, aligning your reporting with current best practices and regulatory expectations and considering how the impact of climate and other sustainability matters could affect the inputs and assumptions used to compile your financial statements.
Custom financial reporting services
Recognising that each organization has unique needs, we offer a range of additional financial reporting services. Whether you require assistance with specific accounting challenges, need guidance on implementing new standards, or seek a review of your existing financial statements and accounting treatment, our team is ready to provide tailored support. Our commitment is to deliver solutions that not only comply with standards but also align seamlessly with your business objectives.
