IFRS Financial
Statements.

All UAE companies must prepare financial statements. DIFC and ADGM regulated entities require IFRS-compliant accounts. Our team prepares full IFRS financials for UAE entities from free zone startups to regulated financial institutions.

Speak with our team Our capabilities

Assurance — IFRS Reporting

Audit-ready financials,
every time.

DeccanBridge provides comprehensive IFRS financial statement preparation services for UAE entities. Whether you are a free zone startup in DMCC, a regulated entity in DIFC, or an ADGM investment fund, our team delivers high-quality financial statements that meet the requirements of your stakeholders and regulators.

Our financial reporting professionals combine deep IFRS technical expertise with practical knowledge of UAE-specific accounting considerations including the impact of Corporate Tax on deferred tax, free zone accounting treatments, and DFSA/FSRA regulatory reporting requirements.

Contact our team

✓Hyderabad, Telangana, India — serving UAE clients globally
✓+91 94922 01497
✓connect@deccanbridge.com

What we do

Financial reporting services.

IFRS Financial Statement Preparation

Full IFRS-compliant financial statements including Statement of Financial Position, Statement of Comprehensive Income, Statement of Changes in Equity, Statement of Cash Flows, and detailed Notes to the Accounts. Prepared in accordance with IFRS Accounting Standards as issued by the IASB, covering IFRS 9, IFRS 15, IFRS 16, and IAS 12 as applicable.

Audit-Ready Accounts

Financial statement preparation for DIFC and ADGM regulated firms preparing for statutory audit — comprehensive working paper files, lead schedules, trial balance reconciliation, and full audit liaison support. We ensure your accounts meet the standards expected by DFSA and FSRA auditors and their international networks.

Group Consolidation

Group financial statement consolidation for UAE holding structures and multinationals with UAE subsidiaries — IFRS 10 compliant consolidation, elimination of intercompany transactions, non-controlling interest calculation, goodwill impairment testing under IAS 36, and consolidated cash flow statement preparation.

Deferred Tax Assessment

IAS 12 deferred tax recognition in UAE financial statements following the introduction of Corporate Tax — required for CY2023 and subsequent year IFRS accounts. We assess temporary differences, tax base calculations, deferred tax asset recognition for carried-forward losses, and disclosure requirements.

Common questions

IFRS financial statements FAQ.

Are audited IFRS financials mandatory in the UAE?

Increasingly yes — corporate-tax law requires audited financials above revenue thresholds and for all QFZPs, on top of free-zone licence requirements that already demanded them.

What IFRS areas challenge UAE businesses most?

Revenue recognition on long-term contracts, IFRS 16 leases in a rental-heavy economy, financial-instrument classification and related-party disclosures across group structures.

Can you prepare IFRS statements for our auditor?

Yes — full preparation with disclosure checklists and workpapers, keeping preparer and auditor properly separate, delivered on UAE filing timetables.

IFRS Reporting Advisory.

Partner-led reporting engagement within one UAE business day.