Extended Solutions
Solutions
K-System IFRS
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.
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.
![](https://www.ksystem.co.kr/wp-content/uploads/2021/12/img-K-System-IFRS-01-en.jpg)
Main features
An average model adopting K-System IFRS – Controlling company
![](https://www.ksystem.co.kr/wp-content/uploads/2021/12/img-IFRS-en.png)
Main features
An average model adopting K-System IFRS – Subsidiary Company
![](https://www.ksystem.co.kr/wp-content/uploads/2021/12/img-IFRS-1.png)
Main features
Dual settlement process of K-GAAP of K-IFRS
![](https://www.ksystem.co.kr/wp-content/uploads/2021/12/IFRS-2.png)
Main features
Process of Settlement
![](https://www.ksystem.co.kr/wp-content/uploads/2021/12/IFRS-3.png)
Main features
Extraction of consolidated data > collection > process of consolidated financial statements
![](https://www.ksystem.co.kr/wp-content/uploads/2021/12/IFRS-4.png)
Process
K-System Genuine supports your global business with its structure
which is compatible to International Financial Reporting Standards (IFRS)
K-System Genuine supports your global business with its structure which is compatible to International Financial Reporting Standards (IFRS)
![](https://www.ksystem.co.kr/wp-content/uploads/2021/12/IFRS-5.png)