Local GAAP to IFRS.
Perfected.
The first intelligent platform that transforms your local financial statements into fully compliant, auditor-ready IFRS reports. Automation meets audit-grade precision.
Empowering finance teams across the MENA region
The Compliance Bottleneck
Why traditional IFRS conversion is holding your company back.
Manual & Error-Prone
Excel-based conversions are fragile, hard to version-control, and prone to human error that auditors penalize.
Black Box Processes
Outsourced consultants provide results, not rationale. You lose ownership of your own financial logic.
Audit Nightmares
Without clear traceability, every audit season becomes a painful, expensive excavation of past decisions.
The Verifrs Standard
We don't just convert accounts. We systematize your entire reporting workflow across 6 stages of rigor.
Period Management
Define fiscal years, reporting periods, and open/close status. Maintain distinct datasets for every audit cycle.
- Fiscal Year Configuration
- Period Locking
- Historical Data Archive
Seamless Data Ingestion
Drag-and-drop your trial balance or general ledger. Our system validates the structure instantly, supporting Excel, CSV, and major ERP exports.
- Excel/CSV Support
- Auto-Formatting
- Duplicate Detection
Intelligent Taxonomy Mapping
Our AI engine analyzes your line items and suggests the precise IFRS taxonomy mapping. Review rationale and approve with confidence.
- AI Predictive Mapping
- Confidence Scoring
- Rationale Transparency
Automated Health Checks
Run comprehensive validation rules against IFRS standards. Detect imbalances, missing classifications, or restricted combinations instantly.
- Real-time Validation
- IFRS Rulebook
- Error Navigation
IFRS 16 Lease Accounting
Automate complex Right-of-Use asset and Lease Liability calculations. Stay compliant with automated amortization and interest schedules.
- ROU Asset Tracking
- Lease Liability Math
- Payment Scheduling
IFRS 15 Revenue Contracts
Manage performance obligations and revenue recognition across complex contracts. Real-time tracking of contract assets and liabilities.
- 5-Step Framework
- Obligation Tracking
- Automated Accruals
IFRS 9 Expected Credit Loss
Calculate ECL using probability-weighted scenarios. Manage staging and impairment allowances with full transparency for auditors.
- Credit Risk Staging
- Impairment Modeling
- Macro-Factor Analysis
Deep Financial Analysis
Visualize performance with built-in ratio analysis. Track liquidity, profitability, and solvency trends across periods.
- Trend Analysis
- Key Ratios
- Visual Graphing
Automated Disclosure Notes
Transform trial balance data into audit-ready disclosures. Our engine generates the qualitative and quantitative notes required for IFRS.
- Smart Notes Engine
- Qualitative Templates
- Instant Updating
Audit-Ready Reporting
Generate full Financial Statements and Disclosure Notes in one click. Export to PDF or Excel for board meetings and auditors.
- Primary Statements
- Disclosure Notes
- PDF/Excel Export
Immutable Data Lineage
Trace every number back to its source. Our lineage tool visualizes the flow of data from ingestion to the final reporting line.
- Visual Data Flow
- Source-to-Report Mapping
- Full Audit Integrity
Auditor Collaboration
Grant secure, read-only access to external auditors. Eliminate back-and-forth emails with built-in access management.
- Secure Tokens
- Granular Access
- Real-time Review
IFRS Navigator
Access a comprehensive IFRS knowledge base integrated directly into your workflow. Get instant clarity on complex standards.
- Built-in IFRS Guide
- Searchable Standards
- Scenario Examples
Enterprise Administration
Manage users, organizations, and global settings from one central hub. Secure and scalable for large corporate groups.
- User Management
- Organization Config
- Audit Trails
Professional Support
Get expert help whenever you need it. Our dedicated support desk is integrated directly into the platform.
- Direct Help Hub
- Video Guides
- Ticketing System
Built for the Ecosystem
Whether you are reporting, investing, or auditing, Verifrs creates value.
Reclaim Your Time
Cut reporting time by 70%. Focus on financial strategy instead of formatting tables. Produce board-ready reports on day one.
- Reduce audit fees by providing clean, traceable data
- Eliminate 'spreadsheet risk' entirely
- Single source of truth for all entities
Ready to modernize your financial reporting?
Join the forward-thinking companies running on Verifrs.