Issue definition
Describe the transaction, event or policy question and the reporting period it affects.
Accounting, bookkeeping & audit support
Understand how a reporting question or accounting change may affect your financial information.
Discuss this serviceOverview
A new transaction, change in business model or reporting question can affect how information is presented in financial statements. Before deciding what to change, it is useful to establish the facts and identify the relevant accounting issue.
TGA lists IFRS studies and impact assessments among its services. We can help review the transaction or change, examine the available records and set out potential reporting effects for management to consider.
What we cover
Describe the transaction, event or policy question and the reporting period it affects.
Gather agreements, calculations, prior treatment and management explanations relevant to the issue.
Identify the areas of financial reporting that may require analysis, adjustment or disclosure.
How we work
We establish the facts and scope of the study.
We consider the reporting areas potentially affected.
We present the analysis and matters requiring management decision.
Talk to TGA
Tell us about the matter and the timing involved. We can discuss a scope that fits your business.