Good reporting offers a window into the culture of the organisation. Recent years have seen a stronger emphasis placed on reporting quality, with tighter regulation and rising demands from stakeholders. Companies must work harder than ever to tell their story. From fast-growing start-ups to established multinationals, we work with companies to help them communicate clearly and effectively.
Demands for greater financial transparency and proof of organisational sustainability are coming from many sides, including regulators, investors, and other stakeholders. The result: today’s reports are expected to go beyond reporting financials and embrace strategy, quality of governance, remuneration schemes, and even the organisation’s impact on the environment, employees, society and other stakeholders.
This growing list of requirements has already placed a heavy burden on leadership teams and is likely to expand further. At Forvis Mazars, we have a strong track record helping our clients to meet – and exceed – the very latest corporate reporting standards.
We bring together a team of professionals combining financial reporting and accounting knowledge with non-financial reporting expertise to deliver a pragmatic business approach.
We regularly support our clients offering them integrated solutions in the following areas:
Financial aspects
Non-financial aspects
We have a continuous innovation process to design and develop bespoke tools and solutions that support our work and help us provide more value and better insights.
We have professionals dedicated to the analysis of emerging accounting and corporate reporting standards, familiar with regulatory requirements in different parts of the world and with extensive experience across different industries.
Members of our team meet regularly with policymakers, participate in industry working groups and collaborate as one global, integrated team to share knowledge and best practice, meaning we are well placed to be proactive in advising our clients on the forthcoming standards and their implications.
"Audit is at the core of Forvis Mazars’ business. As a single, integrated partnership, our deeply rooted local teams work as one to provide audit, assurance and reporting services of the highest technical excellence. We take responsibility for every audit opinion we issue, using our expertise and independence to do what is right for our clients and for the public interest. Our goal is to offer clients...
At Forvis Mazars, we follow closely the financial reporting standars evolution, and we provide a full set of services on all the standards and most importantly we adapt our audit and adivsory approach based on our clients’ real financial situations.
This publication provides a set of sample financial statements of a fictitious group of companies, MZ Singapore Limited and its subsidiaries, for the financial year ending 31 December 2022.
The new standard on leases, Singapore Financial Reporting Standard (SFRS) 116, replacing standards such as SFRS 17 Leases and INT FRS 104 Determining whether an arrangement contains a lease, introduces changes that will primarily affect the financial statements of lessees.
"More than 100 countries on all five continents require or permit the use of IFRS. Major economies in Asia-Pacific, North America and Latin America have set out a time line towards the full adoption of IFRSs." - Rick Chan, Managing Partner & Head of Audit & Assurance APAC
Our "IFRS and SFRS updates" page features the very latest insights from Mazars. The purpose of this page is to keep readers informed of accounting developments.
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