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As the global economy begins to emerge from recent economic upheaval, several key changes are taking place across the business landscape. We see an increasing trend for regulators to focus on changing and updating financial and accounting standards to reflect a new business imperative, with the ultimate goal of eventually achieving a consistent global framework. At the same time, companies are becoming more active with acquisitions, divestitures, restructuring or other transformational initiatives.
We advise our clients on the implications of these financial and accounting changes, and provide them with guidance and potential solutions to best prepare for and implement those changes, And for those companies increasing M&A activity or undertaking financial transformations or similar projects, our knowledge of how these accounting changes will impact those decisions has proven extremely valuable. This intersection of accounting acumen and business advice is where Financial & Accounting Advisory Services (FAAS) can add true value to your organization.
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