Har Aik Global Associates provides comprehensive Technical Accounting and IFRS Support to help organizations navigate complex accounting standards, maintain compliance, and ensure high-quality financial reporting. Our services are designed for businesses that require expert guidance on intricate accounting matters, financial disclosures, and regulatory compliance under IFRS or local GAAP frameworks.

We combine deep technical knowledge, industry insight, and practical business understanding to deliver solutions that are accurate, defensible, and commercially meaningful. Our approach ensures that your accounting positions, valuations, and financial statements are not only compliant but also provide decision-useful information for management, investors, and regulators.

Our Technical Accounting & IFRS Support Services Include:

1. IFRS Implementation & Advisory
   We assist organizations with IFRS adoption, implementation, and ongoing compliance, including full IFRS, IFRS for SMEs, and complex transaction-specific guidance. Our team ensures alignment with standards such as IFRS 9, 15, 16, 17, and 3, minimizing risk and maximizing transparency.
2. Complex Accounting Transactions
   We provide support on business combinations, joint ventures, derivatives, hedge accounting, revenue recognition, leases, and financial instruments, ensuring that accounting treatments are compliant, consistent, and defensible.
3. Accounting Position Papers & Technical Memos
   We prepare technical accounting memos, position papers, and justifications for complex transactions, providing documentation for auditors, boards, regulators, and investors.
4. Financial Reporting & Disclosures
   We assist in preparing IFRS-compliant financial statements, notes, and disclosures, ensuring accuracy, completeness, and alignment with regulatory requirements. This includes guidance on restatements, comparative periods, and reconciliations.
5. IFRS Restatements & Conversions
   We manage transition projects, including converting from local GAAP or IFRS for SMEs to full IFRS. Our services cover impact assessments, policy alignment, restatement of accounts, and enhanced disclosure preparation.
6. Valuation & Impairment Support
   We provide technical accounting support for impairment testing, fair value measurements, purchase price allocations (PPA), and valuation of unquoted investments or intangible assets. Our team ensures robust methodologies, assumptions validation, and audit-ready documentation.
7. Accounting Policy Development
   We help organizations develop, review, and update accounting policies to reflect IFRS standards, regulatory changes, and best practices, ensuring consistency and defensibility across all reporting cycles.
8. Audit & Regulatory Support
   We provide guidance during audits, regulatory reviews, and inspections, offering technical expertise and supporting documentation to address complex accounting queries efficiently.
9. Staff Training & Capacity Building
   We conduct training sessions, workshops, and knowledge transfer programs for finance teams on IFRS standards, technical accounting updates, and practical application, enabling sustainable internal expertise.
10. IFRS Advisory for Corporate Transactions
    We support mergers, acquisitions, restructurings, and other corporate transactions with technical accounting advice, ensuring correct recognition, measurement, and disclosure under IFRS.
11. Industry-Specific Accounting Support
    We provide specialized guidance for banking, financial services, leasing, insurance, and fund management industries, helping organizations address industry-specific accounting complexities.