I need someone to take an annual report prepared under Dutch GAAP to convert the annual report to full compliance with IFRS.
The company has only one investment, small balance of cash and expenses that are paid (no income).
It is a holding company.
We will revalue the investment in the subsidiary to its fair value based on an appraisal which will increase the retained earnings. Then we will do a bonus issue of shares to the value of the retained earnings. Finally we will buy back those shares and then cancel them creating a liability to the shareholder.
Investment = 20
Debt = 10
Finally we will have the above. It is a very small company in terms of accounting.
Just we need to apply IFRS for the first time.
Hours to be determined
Less than 1 month< 1 monthProject LengthDuration
I am looking for a mix of experience and value