Core Expertise · 01
Accounting
Accounting judgment starts with the substance of a transaction, not the wording of a standard. KSAAC works on IFRS reporting and accounting policy, on complex transactions and fair value, and on the point where actuarial measurement flows into the financial statements.
Key capabilities
- IFRS reporting & accounting policy
- Complex transactions & fair value
- Financial close & accounting systems
- Tax considerations
What we cover
IFRS reporting and accounting policy
Reviewing how standards apply, and documenting accounting policies and the reasoning behind them.
Complex transactions and fair value
Framing the issues in transactions with little precedent, and analyzing alternative treatments, including measurement questions such as fair value and discount rates, and their effect on the financial statements.
Insurance contracts and employee benefits
Supporting the step from actuarial measurement to financial statements and disclosures: IFRS 17 closing for insurance contracts, and retirement and other employee benefits.
Financial close and accounting systems
Supporting the financial close, and reviewing requirements and design for accounting and actuarial information systems.
Tax considerations
Reviewing how accounting treatment affects corporate tax and other tax positions.
Depth of accounting judgment
KSAAC's accounting judgment reflects both the preparer's and the reviewer's perspective. For items that need actuarial measurement, such as insurance contracts and retirement benefits, it also addresses the gap that can open between measurement and reporting.
Accounting × AI & Data
Building on its command of accounting standards and transaction substance, KSAAC brings AI and AI agents, data analysis and automation into the actual accounting workflow. It uses them to review standards and supporting evidence, analyze financial information, draft reports and streamline repetitive reconciliation and aggregation, with every result designed to trace back to the rule and the evidence.
See AI & Data