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JPA Group
Internal Audit

IFRS Financial Reporting Services

The UAE requires financial statements prepared under IFRS, and Corporate Tax is calculated from them. JPA prepares fully compliant IFRS statements, applies new and amended standards correctly, and makes sure your reporting is audit-ready and tax-aligned from the start.

  • FTA-Approved Tax Agent
  • Trusted by 1,500+ UAE businesses
  • Partner-led since 2001
Why IFRS Financial Reporting Services with JPA
Overview

Why IFRS Financial Reporting Services with JPA

The UAE requires financial statements prepared under IFRS, and Corporate Tax is calculated from them. JPA prepares fully compliant IFRS statements, applies new and amended standards correctly, and makes sure your reporting is audit-ready and tax-aligned from the start.

What's Included

Everything You Need, Handled

IFRS Statements

Complete IFRS financial statements — position, performance, equity, cash flows and notes — prepared from your ledgers.

Standard Adoption

Correct first-time application of standards such as IFRS 9, 15 and 16, with clear transition adjustments.

IFRS for SMEs

Where eligible, we apply the lighter IFRS for SMEs framework to reduce reporting effort without losing compliance.

Disclosure Drafting

Full, accurate note disclosures so your statements pass audit and satisfy free-zone authorities.

CT Alignment

Reporting structured so your accounting profit converts cleanly to taxable income for Corporate Tax.

Conversion Support

Migration from local or cash-basis records to a robust IFRS reporting framework.

How It Works

A Clear, Partner-Led Process

  1. 01

    Assess

    We review your current records and identify the applicable IFRS framework.

  2. 02

    Map

    We map your accounts and flag standards that change your figures.

  3. 03

    Prepare

    We draft compliant statements with full supporting disclosures.

  4. 04

    Finalise

    We reconcile, hand over audit-ready statements and brief your team.

FAQ

Frequently Asked Questions

Must UAE companies report under IFRS?+
Yes. UAE law requires financial statements prepared under IFRS, and the Federal Tax Authority uses IFRS accounting profit as the starting point for Corporate Tax.
Can my company use IFRS for SMEs?+
Smaller private entities without public accountability can often use the simpler IFRS for SMEs standard. JPA confirms your eligibility and applies it where it benefits you.
Do you adopt new IFRS standards for us?+
Yes. We handle first-time adoption and transition of standards like IFRS 9, 15 and 16, calculating the adjustments and drafting the required disclosures.
FTA-Approved Tax Agent

Ready to Get Started?

Book a free 15-minute consultation with a JPA advisor — no obligation, just clear answers.