Aditech Accounting Services now follows IFRS in Accounting Practices

IFRS is accepted as a universal accounting standard. Aditech considers the global accounting standards in providing accounting services to companies world-wide.

Online PR News – 16-June-2010 – – Aditech Accounting Services, a leading accounting service provider, adheres to the global accounting standards. A uniform accounting standard across countries is requisite. Owing to this necessity, Aditech accords to IFRS (International Financial Reporting Standards, while preparing financial reports for clients. It expects a sturdy growth in the number of clients, because of its expertise in the application of IFRS.

Economic globalization has lead to inter-dependence among countries. Global accounting standards are the need of the day! In a recent survey, many accounting leaders from around the world agreed that a single set of international standards is important for economic growth. The IASB (International Accounting Standards Board) formulated IFRS, which is accepted by more than 120 nations.

More and more companies are considering IFRS in their account management. Companies wishing to deal in more than one country prefer this standard. It is cumbersome to prepare multiple sets of financial statements to comply with different standards in different countries. Foreign investors understand the financial reports better, if it adheres to international accounting standards. Aditech Accounting Services, keeping this need of the clients in mind, follow the standards inscribed in IFRS.

One of the company executive of Aditech Accounting Services is confident about using IFRS in their accounting services. "Our accountants have a fair knowledge about IFRS. They are experienced in employing the global accounting standards. We hope to bag more accounting clients in the near future, because of our abiding by IFRS in accounting practices", company executive quotes.

Adoption of IFRS, as accounting standards, is believed to worry CPA s around the world. They would require to train and educate their accountants. However, Aditech is positive about the not-so-distant change. It claims to handle various sectors of industry, like oil and gas, utilities, insurance, mining, retail and others, efficiently.

"The change that is cropping up in the accounting world can be coped with ease. Companies, who outsource their accounting needs to us, may sit and relax. We are well-equipped to deal with it", says top officials of Aditech Accounting Services.

For more details visit the official website at http://www.aditechaccountingservices.com

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