Har Aik Global Associates provides comprehensive and specialized Accounting & Finance Services designed to help organizations navigate complex financial reporting requirements, comply with IFRS standards, and make informed business decisions with confidence. Our services cater to corporates, holding groups, investment funds, startups, and rapidly growing businesses, ensuring they maintain transparent, audit-ready, and decision-useful financial information.

We combine deep technical accounting expertise with practical commercial insight, ensuring that your financial statements, valuations, and accounting positions are accurate, defensible, and aligned with global regulatory requirements. Our approach goes beyond compliance; we focus on creating value through enhanced financial clarity and actionable insights.

Our Accounting & Finance Services Include:

1. IFRS 9 Expected Credit Loss (ECL) Models – Simplified & General Approach
   We design and implement ECL models for trade receivables, loans, and other financial instruments, enabling organizations to estimate credit risk effectively, comply with IFRS 9, and strengthen impairment methodologies.
2. IFRS 9 Valuation of Derivatives & Hedge Accounting
   Our experts support the valuation of derivatives and implement hedge accounting frameworks, ensuring risk management strategies are accurately reflected in financial statements with fully compliant documentation.
3. IFRS 16 Lease Accounting
   We assist with lease identification, calculation of right-of-use assets and lease liabilities, system integration, and disclosure preparation, ensuring full compliance with IFRS 16 and providing clarity on lease-related financial obligations.
4. IFRS 15 Revenue Contract Assessments
   We review customer contracts, identify performance obligations, determine transaction prices, and structure revenue recognition policies to ensure revenue is recognized accurately, consistently, and in line with IFRS 15 requirements.
5. IFRS 3 Purchase Price Allocations (PPA)
   We perform valuations of acquired assets and liabilities, goodwill calculations, and acquisition accounting support for mergers and acquisitions, ensuring compliance with IFRS 3 and providing clear insights into transaction impacts.
6. IAS 36 Impairment Assessments (Goodwill & Investments)
   Our team conducts thorough impairment testing for cash-generating units, goodwill, and investments using robust valuation models, assumption reviews, and sensitivity analyses to ensure financial statements reflect fair values.
7. IFRS 13 Valuation of Unquoted Investments
   We provide fair value measurements for private equity, unlisted shares, and complex financial instruments, leveraging market, income, and cost approaches under IFRS 13.
8. IAS 19 Actuarial Valuations
   We support employee benefit valuations, including gratuity, pension, and end-of-service benefits, using actuarial models and compliant financial reporting disclosures.
9. IFRS 2 Valuation of Employee Stock Option Plans (ESOPs)
   We perform valuations of share-based payments, option pricing models, and accounting treatment for employee incentive schemes, helping organizations design and report ESOPs accurately.
10. IFRS (Full or SME) Financial Statements Preparation
    We prepare complete sets of IFRS and IFRS for SMEs financial statements, including notes, disclosures, and supporting schedules for audit and regulatory purposes, ensuring financial reporting is transparent and audit-ready.
11. IFRS for SMEs to Full IFRS Conversion
    We manage transition projects from IFRS for SMEs to full IFRS, including impact assessments, policy alignment, restatements, and disclosure enhancements, facilitating seamless adoption of full IFRS standards.
12. Bookkeeping Services
    Our outsourced bookkeeping solutions include general ledger maintenance, reconciliations, journal entries, and month-end close support, helping businesses maintain accurate and up-to-date financial records.
13. Accounting Position Papers & Technical Memos
    We prepare accounting position papers, technical opinions, and documentation for auditors, regulators, investors, and boards, providing clarity on complex accounting issues and supporting strategic decision-making.