Where accuracy meets credibility.
In a regulated environment, financial reporting is not simply a matter of accuracy — it is a matter of regulatory credibility. CB Advisors brings practitioner-level IFRS expertise to every reporting mandate across the Dutch Caribbean.
Accurate financial statements satisfy the auditor.
Credible financial statements satisfy the supervisor.
These are not the same standard.
Most institutions treat financial reporting as a technical exercise — accurate preparation of statements in accordance with applicable standards. This produces statements that are technically correct but may fail the higher bar that regulated entities are held to. When a supervisor challenges a provisioning assumption or questions an accounting policy, the gap between accurate and credible becomes immediately apparent.
CB Advisors prepares financial statements with supervisory scrutiny in mind from the outset. Every accounting position is documented with the institutional judgment and regulatory context required to withstand not only external audit, but the more exacting review of the CBvS and any relevant BES supervisory authority.
Every reporting mandate passes through four defined phases — each producing a specific output that informs the next.
Scope & Standards Assessment
Identification of the applicable reporting framework, mandatory policy elections, and accounting positions relevant to the institution's specific structure, product set, and regulatory context. Establishes the technical baseline for the full mandate.
Statement Preparation
IFRS-compliant financial statement preparation — income statement, statement of financial position, equity movements, and cash flow — including full disclosure notes, comparative periods, and accounting policy documentation underpinning each material position.
Technical Accounting
Resolution of complex accounting questions: ECL model design and calibration under IFRS 9, fair value hierarchy determinations under IFRS 13, first-time adoption adjustments, and formal technical memoranda for disputed or evolving accounting treatments.
Audit & Regulatory Interface
Preparation of the audit file, independent auditor liaison throughout the statutory audit process, and direct support in supervisory dialogue where accounting positions are challenged or require formal written justification.
The deliverables of a full reporting mandate — confirmed following the standards assessment and adapted to the institution's specific reporting framework and regulatory context.
- IFRS-compliant financial statement preparation
- IFRS 9 expected credit loss model design and implementation
- IFRS 13 fair value hierarchy assessments
- Technical accounting memoranda and formal position papers
- First-time adoption support and accounting policy documentation
- Audit file preparation and independent auditor liaison
- Regulated financial institutions under CBvS or BES supervision
- Investment funds and holding structures requiring IFRS-compliant reporting
- Government entities and statutory bodies with IFRS reporting obligations
- Institutions preparing for first-time IFRS adoption
- Entities requiring independent technical accounting positions
Reporting mandates are accepted subject to a preliminary scope assessment. CB Advisors works with a select number of clients at any one time to maintain the technical standard each engagement requires.
Reporting that holds
under scrutiny.
CB Advisors accepts reporting mandates subject to scope assessment.
Initial consultations are confidential and without obligation.