Frankfurt am Main, 8 April 2025 – KERN Global Language Services, a leading provider of specialised translations, announces that it has fully integrated the new requirements of the international accounting standard IFRS 18 into its translation processes for annual reports. As a long-standing partner of numerous listed companies, KERN has on hand a dedicated team of experts who are exclusively engaged in the implementation of these new standards in line with terminology and regulatory requirements.
"The introduction of IFRS 18 will change not only the content, but also the linguistic precision and structure of annual reports. Our aim is to accompany our clients through this transition, providing them with the highest quality and professional expertise," explains Thomas Kern, Managing Director at KERN. "That's why we've put together a specialised translation team consisting of certified financial translators, editors and experts in the field of international accounting."
The new IFRS 18 requirements, which are mandatory from the 2027 financial year onwards, place high demands on linguistic and technical implementation, particularly in multilingual annual reports. KERN supports companies not only with accurate translations, but also with terminological consistency, formatting compatibility and by ensuring that all terminology is compliant with compliance rules.
KERN already relies on LLM-supported tools to increase efficiency but without sacrificing the necessary human quality assurance. This hybrid model combining state-of-the-art technology and experienced specialist translators enables fast, consistent and regulation-compliant translation of financial documents.