IFRS Advisory
Precision. Compliance. Confidence.
At KKC UAE, we understand that financial reporting is more than just a regulatory requirement—it’s a strategic tool that enhances transparency, builds stakeholder trust, and supports informed decision-making. As businesses in the UAE face increasing scrutiny under international standards, our IFRS advisory services are designed to help you navigate complexity with clarity and confidence.
Why IFRS Matters in the UAE
With the UAE’s growing integration into global financial markets, adherence to International Financial Reporting Standards (IFRS) has become essential. In particular:
- Free Zone Persons must prepare audited financial statements in accordance with IFRS to maintain compliance with UAE corporate regulations.
- Companies with annual revenues exceeding AED 50 million are mandated to prepare audited financial statements under IFRS, ensuring consistency and comparability across jurisdictions.
At KKC UAE, we help you meet these obligations while unlocking the strategic value of high-quality financial reporting.
Our IFRS Service Portfolio
1. IFRS Implementation, Transition and Ongoing Support
Transitioning to IFRS can be complex, especially for entities moving from local GAAP or expanding into new jurisdictions. We provide:
- Initial diagnostic assessments to identify gaps and risks
- Customized implementation roadmaps tailored to your business model
- Development of IFRS-compliant accounting policies and procedures
- Hands-on support during system integration and financial statement preparation
- Training workshops for finance teams and senior management
2. IFRS Health Check & Compliance Review
Ensure your financial statements are audit-ready and fully compliant:
- Detailed review of financial statements for IFRS alignment
- Identification of non-compliance risks, misstatements, or disclosure gaps
- Recommendations and remediation plans to address deficiencies
- Support in preparing for external audits and regulatory inspections
3. Deep Expertise in Complex IFRS Standards
Our team brings specialized knowledge in the most challenging IFRS areas, including:
- IFRS 9 – Financial Instruments -
- IFRS 15 – Revenue from Contracts with Customers
- IFRS 16 – Leases
- Continuous Upgradation for the upcoming IFRS Standards and all the updates
We assist with classification, measurement, expected credit loss modeling, and hedge accounting frameworks.
We help you analyze contracts, determine performance obligations, and apply the five-step revenue recognition model.
We support lease identification, right-of-use asset and liability measurement, and transition strategies from IAS 17.
4. Industry Specific IFRS Implementation and Support
- IFRS for SMEs
- Banking, Financial Services and Insurance
- Heath Care
- Retail and Ecommerce
- Tourism
- Real Estate
- Oil and Gas
No two businesses are alike. That’s why we offer tailored IFRS advisory solutionsthat reflect your industry, size, and operational complexity. Whether you need assistance with a specific transaction, technical accounting memo, or full IFRS conversion, we provide practical, scalable solutions that align with your strategic goals.
Why Choose KKC Management Consultants LLC?
- Regulatory Expertise : We stay ahead of evolving UAE compliance requirements so you don’t have to.
- Technical Excellence : Our consultants bring Big Four experience and deep IFRS knowledge across sectors
- Client-Centric Approach : We work as an extension of your team, ensuring seamless collaboration and knowledge transfer
- End-to-End Support : From initial assessment to post-implementation review, we’re with you every step of the way.