K-System IFRS

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Summary

K-System supports your global business with its structure which is compatible to the International Financial Reporting Standards (IFRS),
while reflecting the worldwide trend of unification of accounting standards.

  • Establishment of international accounting standards as global standard
  • Persisting an independent accounting standard feared to damage credibility
  • Adopting accounting standard compatible to global standard leading to higher credibility
  • Forward-looking response to the global trend of unified accounting standards
  • Reducing global companies’ work-load caused by dual reporting of financial statements
  • Enhancing credibility in global society about your company’s financial transparency
K-System IFRS
Over 110 countries in the world and 80% of OECD member countries have already adopted IFRS completely

Main features

An average model adopting K-System IFRS – Controlling company
K-System IFRS

Main features

An average model adopting K-System IFRS – Subsidiary Company
K-System IFRS

Main features

Dual settlement process of K-GAAP of K-IFRS
K-System IFRS

Main features

Process of Settlement
K-System IFRS

Main features

Extraction of consolidated data > collection > process of consolidated financial statements
K-System IFRS

Process

K-System Genuine supports your global business with its structure which is compatible to International Financial Reporting Standards (IFRS)

K-System IFRS