The importance of IFRS training

IFRS stands for International Financial Reporting Standards, i.e. international financial reporting standards. It is a set of accounting rules and standards that determine how accounting events must be reported in your company's financial statements. Issued by the International Accounting Standards Board (IASB), IFRS aims to make financial statements consistent, standardized, and transparent around the world. IFRS standards provide a set of high-quality and internationally recognized accounting standards that bring transparency, accountability, and efficiency to financial markets around the world.

The improvement of international comparability and the quality of financial information, which allow investors to make sound decisions, make it necessary for professionals in the field to IFRS training. Because IFRS standards strengthen accountability by reducing the information gap between capital providers and the people to whom they have entrusted their money.

IFRS standards are also of vital importance to regulators around the world, making their standards contribute to economic efficiency, helping to identify opportunities and risks, thus improving capital allocation. For companies, the use of a unique and reliable language lowers the cost of capital and reduces the costs of international reporting. For professionals in the field, a IFRS training, to obtain in-depth knowledge, improves service and productivity within the auditing work.

Um IFRS training provides several benefits to organizations and professionals working in the area. Some of the main ones are: 1) increasing the organization's responsibility, reducing information gaps between the capital provider and the individuals, that is, the reinforced trust between the parties. 2) improvement in financial reporting, bringing transparency to the business and 3) improving international comparability and quality of financial information.

O IFRS training empowers professionals, facilitating the understanding of the rules, as it addresses aspects related to insurance contracts, business combinations, financial instruments, operating segments, consolidated financial statements, measurement of values, retirement plans, among others.

In addition to consolidated professional experience, in our team there are masters in different areas of our practice, who also serve as professors at universities, internal courses at TATICCA and training from IFRS, as well as, they actively participate in working groups and committees in accounting and auditing bodies and are speakers at seminars and forums.

Contact TATICCA — ALLINIAL GLOBAL, which provides integrated auditing, accounting, tax services, corporate finance, Financial Advisory, Risk Advisory, technology, business consulting and training. For more information, visit www.taticca.com.br or email taticca@taticca.com.br. Our company has professionals with extensive experience in the market and has certified methodologies for carrying out activities.

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TATICCA is a firm that provides external and internal auditing, tax, business consulting and advisory services, corporate finance, training, technology, expertise and investigations, sustainability, risk mapping, accounting and related services. TATICCA is a member firm of ALLINIAL GLOBAL, a global alliance of independent auditing, accounting and consulting entities.

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