Financial Audit
Enhancing management oversight and strengthening stakeholder relationships.
Accounting Standards: Supporting the Implementation of New IAS/IFRS, OIC, and US GAAP Standards
Empowering businesses to successfully adopt and apply national and international accounting standards, including IAS/IFRS, OIC, and US GAAP.
Accounting standards play a critical role in guiding the preparation and presentation of financialstatements, ensuring consistency and transparency in financial information.
Every accounting framework must be tailored to the specific economic, legal, and tax contexts in which it operates, in order to effectively meet the needs of individual businesses.
Key Regulatory Frameworks: IAS/IFRS and US GAAP
Among the main global accounting standards are the IAS/IFRS (International Financial Reporting Standards), which provide an international framework for financial reporting, and the US GAAP (Generally Accepted Accounting Principles), a comprehensive accounting standard system primarily used in the United States.
Our Services
Our accounting experts support you in adopting international regulatory frameworks and implementing new accounting principles, helping you respond effectively to business developments and regulatory changes.
In a constantly evolving landscape—marked by the growing integration of sustainability reporting—we work alongside you to deliver practical, tailored solutions that meet your company’s accounting and compliance needs:
- Customized regulatory monitoring: Stay up to date with regulatory developments and changes relevant to your business
- Regulatory text analysis: Assess the impact of standards on your operations and identify practical solutions
- Practical implementation support: Assistance in adopting accounting principles and aligning internal practices accordingly
- Tailored accounting training: Development of custom training programs for your internal teams
- Support in preparing reporting packages: Assistance in drafting financial statements and specific financial reports
- Analysis of complex accounting treatments: In-depth evaluation of complex or emerging accounting issues, aligned with international best practices
Forvis Mazars Insight: Your Monthly Newsletter on Financial Reporting and Sustainability
Each month, the Forvis Mazars Insight newsletter delivers essential updates on developments in financial reporting and sustainability.
You’ll find insights on:
Updates on IFRS accounting standards (new standards, IASB amendments, exposure drafts, IFRS Interpretations Committee activities, and EU endorsement processes);
News on Italian accounting standards (OIC);
Recommendations from market regulatory authorities (ESMA);
Developments in sustainability regulations (EFRAG, ISSB, European and IFRS sustainability standards).
You’ll find insights on:
Updates on IFRS accounting standards (new standards, IASB amendments, exposure drafts, IFRS Interpretations Committee activities, and EU endorsement processes);
News on Italian accounting standards (OIC);
Recommendations from market regulatory authorities (ESMA);
Developments in sustainability regulations (EFRAG, ISSB, European and IFRS sustainability standards).
Corporate reporting
Ensuring Transparency, Accuracy, and Consistency in Environmental, Social, and Governance (ESG) Disclosures
Training services
Empowering your teams with expert-led accounting and audit training, fully customized to your business needs.
Other assurance services
An objective and qualified perspective to communicate results and strategic goals clearly and reliably to stakeholders, investors, and regulatory bodies.
Accounting Standards: IAS/IFRS, OIC, US GAAP
Empowering businesses to successfully adopt and apply national and international accounting standards, including IAS/IFRS, OIC, and US GAAP.
Contact us
Marco Lumeridi Audit Partner - Milan
