IFRS

Working with IFRS (International Financial Reporting Standards) requires strong technical expertise and a clear understanding of their impact on financial reporting and business operations.

RSM Switzerland supports organisations through IFRS audit and advisory services, helping ensure compliance, consistency and high-quality financial reporting across jurisdictions. Our experience spans both privately held and listed entities, operating in complex and international environments.

Audit of IFRS financial statements

We perform audits of IFRS financial statements across multiple jurisdictions, ensuring compliance with international standards while delivering reliable and transparent financial information.

A proactive audit approach

We identify key technical accounting and audit areas early in the process, sometimes before the reporting date, to improve efficiency and minimise year-end adjustments.

Anticipation of new standards

We provide guidance on the impact of new IFRS standards ahead of implementation deadlines, helping organisations prepare proactively.

International expertise

Our teams combine local knowledge with access to the RSM international network, ensuring consistent audit execution across jurisdictions.

IFRS conversion

Transitioning to IFRS can be a complex and resource-intensive process. We support organisations throughout their IFRS conversion projects, ensuring a structured and efficient transition.

Diagnostic and planning

We conduct an initial gap analysis between current accounting standards and IFRS to identify key challenges, impacts and resource requirements.

Implementation support

We assist in:

• developing the conversion project plan
• adapting processes, systems and data structures
• providing technical accounting guidance

Beyond accounting

IFRS conversion is not only a technical accounting exercise. It can significantly impact operations, KPIs and profitability.

Organisations that approach conversion strategically can use it as an opportunity to improve systems, processes and reporting quality.

IFRS due diligence and transactions

In M&A transactions and financing arrangements, financial information is often required to be prepared in accordance with IFRS.

We support clients in understanding how IFRS impacts transaction metrics such as EBITDA, covenants and valuation benchmarks.

Transaction support

Our teams assist in:

• defining accounting terminology used in transaction agreements
• identifying non-recurring or exceptional items
• assessing the impact of accounting policies on deal structures

Financial modelling

We help model the impact of IFRS on financial indicators, supporting informed decision-making during negotiations.

IFRS reconciliation

International operations often require reconciliation between IFRS and other accounting standards, such as US GAAP or local GAAP.

We assist organisations in identifying and measuring these differences, and in presenting them clearly to support communication with investors, partners and regulators.

IFRS accounting manuals and processes

Clear and practical accounting guidance is essential for consistent IFRS application across an organisation.

We support clients in developing and implementing IFRS accounting manuals, ensuring they:

• focus on key operational and financial issues
• are adapted to existing systems and tools
• reflect the organisation’s level of IFRS expertise

This helps ensure the sustainable ownership of IFRS processes within the organisation.

IFRS training

We provide tailored IFRS training programmes designed to meet the specific needs of finance and accounting teams.

Our training services include:

• understanding and implementing new or updated standards
• annual IFRS updates tailored to your business
• development of internal training materials
• train-the-trainer programmes

These programmes help organisations build internal expertise and maintain high-quality financial reporting over time.

Why work with RSM Switzerland

Strong IFRS expertise

We combine audit and advisory capabilities to support organisations across all aspects of IFRS reporting.

International perspective

Through the RSM network, we provide consistent support across multiple jurisdictions and cross-border projects.

Practical and tailored approach

Our solutions are designed to be pragmatic, ensuring that IFRS implementation and reporting remain efficient, sustainable and aligned with your business needs.

Get in touch

If you require support with IFRS audits, conversion projects or advisory services, our specialists are available to provide tailored and efficient solutions adapted to your organisation’s needs.