Local-GAAP conversion bridge
Chart-of-accounts presets for Algeria SCF, France PCG, SYSCOHADA, and GCC frameworks map your statutory ledger to IFRS, so conversion starts from a known baseline rather than a blank sheet.
The platform
The source ledger, mapping decisions, adjustments and report figures remain connected. A reviewer can follow the work forward or trace a reported number back to origin.
01
Controlled source population
Validate and fingerprint the imported trial balance before classification begins.
02
Governed conversion layer
Record mappings, calculation versions, adjustments, evidence and approvals in one model.
03
Reviewable reporting output
Compose statements, notes and tagged exports from the approved reporting population.
One governed data model
Deterministic standard engines, a local-GAAP conversion bridge, consolidation, bank-grade reporting, and regulatory export — all sharing one governed data model and one audit trail.
Chart-of-accounts presets for Algeria SCF, France PCG, SYSCOHADA, and GCC frameworks map your statutory ledger to IFRS, so conversion starts from a known baseline rather than a blank sheet.
A dedicated, versioned engine for each major standard — IAS 12 deferred tax, IFRS 1 first-time adoption, IFRS 9 expected credit loss, IFRS 16 leases, IFRS 18 presentation, and IFRS 7 and 13 disclosure — computing reviewable journals instead of opaque results.
Trace any figure from a statement or note through its conversion adjustments to the originating trial-balance line, so every number can be explained on demand.
Assemble primary statements, notes, and disclosures with note-to-figure reconciliation, so the narrative and the numbers can never silently disagree.
Export tagged financial statements for regulatory filing. Exports are preflight-grade and require preparer review — Verifrs prepares the filing, the preparer signs it.
Each organisation's data is isolated by tenant, with role-based access and an immutable audit log across the conversion lifecycle.
Prepare and present reporting in three languages with correct right-to-left rendering and accounting-register terminology, not machine-literal translation.
Combine entities with intercompany elimination, non-controlling interest, and foreign-currency translation, holding the group and each component in one governed model.
How it works
Each workflow stage has an explicit control, evidence output and accountable role. Unresolved blockers remain visible and prevent controlled issuance.
Ingest the trial balance
Immutable source snapshot with an integrity hash.
Map to IFRS
Human-reviewed mapping; every account resolved before close.
Post conversion adjustments
Maker proposes, checker approves; nothing posts unreviewed.
Close the period
Locked period with a complete, dated adjustment history.
Generate governed reports
Note-to-figure reconciliation and full source-to-report lineage.
Calculation versioning
Outputs retain the engine and methodology version used to produce them.
Role-scoped decisions
Preparation, review and issuance responsibilities are separated and attributed.
Hard issuance gates
Unbalanced ledgers, missing approvals and incomplete evidence stop the reporting package.
Source ledger, conversion adjustments, and reports share a single governed data model — so lineage, reconciliation, and evidence are continuous from import to filing.