IFRS

Grant Thornton Bulgaria

Grant Thornton Bulgaria prides on its experts who are experienced in the application of IFRS because of their continual professional development and practical experience gained through the involvement of audit engagements in various industries.

Professional development involves training opportunities provided within the firm, within GTI network and also externally by professional bodies.

IFRS have been introduced in Bulgaria since 2005. All financial institutions and public entities have been applying IFRS and also many other companies have opted to make the transition to IFRS. Grant Thornton Bulgaria has been involved directly - as consulting body concerning the transition - as well as indirectly - as the auditing body of entities applying IFRS.

Grant Thornton International

Grant Thornton International has a full-time International Financial Reporting Standards (IFRS) team that is responsible for promoting high quality, consistent application of IFRS throughout the global organisation. The IFRS team is advised and supported by member firm IFRS experts including an IFRS interpretations group. The IFRS team promotes consistency through an international training programme, operating an IFRS helpdesk service and by publishing extensive technical and interpretive guidance, newsletters and other tools and resources. These materials, along with IFRS developments, are communicated via a network of designated IFRS champions in member firms.