The IFRS mandate will impact financial reporting, management compensation, communication to stakeholders and collateral impact on internal control & procedures, direct and indirect tax.

The advantages of converging to IFRS are several; global acceptance, improved perception value, international benchmarking and fair value reporting.

MZS's IFRS Team prepares corporates for convergence to the said standard by carrying out diagnosis & design, evaluation and mitigation strategy, implementation support and financial reporting package with appropriate training and maintenance services.