Financial Reporting / IFRS

ServicesAudit & Assurance

Financial Reporting / IFRS

We provide support in financial reporting to ensure that your financial statements are prepared in accordance with applicable regulations, such as the Swedish Annual Accounts Act (Årsredovisningslagen, ÅRL), K3, or IFRS.

We support the preparation of consolidated financial statements, interim reports, annual reports, and other reporting based on the accounting framework you apply. This provides the board, owners, and other stakeholders with reports that clearly reflect the company’s financial position and performance, create a reliable basis for decision-making, and ensure compliance with statutory requirements.

The service is particularly relevant for companies that require accurate and comparable financial reporting, especially larger companies and groups where the demands for structured and transparent financial reporting are extensive. We ensure that transactions are presented correctly—whether related to acquisitions, disposals, mergers, or demergers—so that reporting remains of high quality even in complex situations.

Annual and interim reports

At least once a year, financial accounts must be compiled and presented in an annual report. The annual report is a requirement of the Companies Act, but its value can be much greater. It can also serve as a valuable tool in efforts to market a company, provided, of course, that the figures are correct and the company’s operations are described in an informative presentation.

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IFRS – the international accounting regulations

Perhaps a company is planning on converting to International Financial Reporting Standards, IFRS? The conversion is required before a company can be listed on a regulated market, but the need may also arise under other circumstances, for example if a company is required to report to a foreign parent company.

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Corporate Governance

Corporate Governance refers to how management, the division of responsibilities, and the allocation of power are structured among a company’s governing bodies, primarily the owners, the board of directors, and the executive management.

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Our People

At Forvis Mazars, we work as an integrated and collaborative team across sectors, service lines, and geographies. We focus on service, commitment, and accessibility in every engagement, and our high level of client loyalty—among the strongest in the industry—is clear evidence of the value and confidence our people create.

Forvis Mazars Achieves Top Ranking in Client Satisfaction Survey

Forvis Mazars is one of Sweden’s most highly regarded audit and advisory firms. Our top ranking reflects our strong commitment to quality, client relationships, and long-term value creation. It motivates us to continue delivering with dedication and to continuously strive for excellence.

Read the press release here: 

Forvis Mazars Achieves Top Ranking in Client Satisfaction Survey – Forvis Mazars.

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Frequently Asked Questions and Answers About Financial Reporting / IFRS

What is IFRS?

IFRS refers to International Financial Reporting Standards, which are international accounting standards designed to create consistent and comparable financial reporting.

Which companies are required to follow IFRS?

Listed groups within the EU are required to apply IFRS in their consolidated financial statements, while other companies may also choose to adopt the standards.

Why is IFRS important?

IFRS increases transparency and makes it easier for investors and other stakeholders to compare companies internationally.

What does financial reporting include?

Financial reporting includes, among other things, annual reports, interim reports, cash flow statements, and notes to the financial statements.

What are the main challenges of IFRS?

Common challenges include complex accounting judgements, changes to standards, and extensive disclosure requirements.

How does IFRS affect a company’s reporting?

IFRS affects how assets, liabilities, revenue, and leases are recognised, measured, and presented in financial reports.