The purpose of compilation engagements is to use our knowledge and experience in accounting and financial reporting to help entities prepare and present financial information in accordance with the applicable financial reporting frameworks.

In recent years, the demand for compilation-type engagements has grown significantly, as companies and groups in the third size category are now required to publish at least unaudited financial statements prepared in accordance with the IFRS for SMEs standard.

The ECOVIS team offers:

• Full support for third-category companies and groups in preparing annual financial statements in compliance with the IFRS for SMEs and relevant legal requirements.

• Expert assistance based on our extensive experience both locally and internationally, providing professional support to large companies and groups on matters related to International Financial Reporting Standards (IFRS).

Our services include both full outsourcing of the financial statement preparation process and assistance with complex and technical accounting issues under IFRS.

Our expertise covers, for example:

• Accounting for leases in accordance with IFRS 16 – Leases.

• Assessment of financial instrument impairment using the three-stage model under IFRS 9 – Financial Instruments.