• What is IFRS?

  • What is International Accounting Standards Board (IASB)?

  • What is the structure of  IASC  foundation?

  • How widespread is the adoption of IFRS around the world?

  • What is the International Accounting Standards Committee (IASC)?

  • What is the IFAC?

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Consultancy on accounting

In the transition period of radical changes (such as, for example the transition from ASRA to IFRS), the necessity of insuring against possible risks is increasing.

Proposed services

  • Consultancy on transition to IFRSs,
  • Development of accounting policy,
  • Development of working chart of accounts,
  • Development of manual for accounting of sample operations,
  • Documentation and document processing.
  • Analysis of acting accounting system, identification of deficiencies and suggestions on their elimination, improvement of existing procedures and presentation of action plan.
  • Introduction of cost accounting system.
  • Assessment of software and technical needs for accounting (technologies), implementation of accounting software/system,
  • Accounting of financial results of individual transactions (contracts) and presentation in the financial statements

When carried out

  • By legislative requirement (since 2011 companies must make transition from the national accounting standards to international financial reporting standards),
  • Necessity of implementation of accounting and document circulation system in accordance with legislative requirements and characteristics of the organization's activities,
  • Necessity of the accounting system automation,
  • Separate transactions nor regular for the company: accounting in accordance with IFRS requirements and presentation in the financial statements

Why TM

  • Direct participation in development of legal acts on accounting (laws, standards, financial reporting packages, chart of accounts, primary accounting documents, ledgers).
  • Dozens of professional, methodological books and papers
  • A great deal of experience since1999
  • Qualified, competent professionals,
  • Large customer base.
© 2020 TM Audit CJSC.

8 P.Sevak, Yerevan, RA
tel.: (374 60) 60-70-80, 60-71-81
E-mail: info@tmaudit.am

“TM Audit” CJSC was established in 1997. It is one of the leading audit and consulting companies of Armenia. The Company provides a wide range of high-quality professional services to international and local firms and organizations. TM Audit constantly applies new methods, broad approaches, techniques, actively participates in the improvement of accounting and auditing systems which allows to offer services that always meet the demands of the time.