Financial information is a kind of business card for a Company which allows to conclude on financial position, profitability and prospects of future development. Financial information is of primary interest for banks, financing institutions, investors, and often suppliers. Moreover, financial information is used by management in decision making and business valuation process. Big or growing companies especially need system of business processes allowing to obtain complete and timely financial information. Financial information of a high quality is ultimate requirement for entering international markets and cooperation with foreign contractors.

Attributes of the financial information quality:

• Understandability – financial information should be understandable for users having reasonable knowledge;
• Relevance – financial information should include all the information needed for decision making and should allow estimation of past and future events;
• Reliability – financial information should be faithful and complete;
• Comparability – users should be able to compare financial information for different reporting periods.

IBcontacts provides financial reporting services in accordance with International Financial Reporting Standards. Furthermore our specialists can assist you in business process implementation in order to prepare financial statements needed by external users, and management, and Company owners.

Advantage of IBcontacts is wide experience and deep knowledge of employees in the sphere of international finance, credit management and investment activities.