We provide expert support when preparing financial statements from simply helping clients to get ready for an audit and undertaking the complete preparation of their accounts. We can provide seamless project support by incorporating financial reporting advisory solutions to our clients.
Our firm has considerable depth of knowledge across all forms of financial reporting, including Indian Accounting Standard (Ind AS), International Financial Reporting Standards (IFRS) and US GAAP.
Financial Statements are a critical part of the overall finance function. Our team of professionals takes the pressure away from in-house finance teams by preparing a set of compliant financial statements in line with specific GAAP requirements.
We offer our transaction accounting services for specific needs of companies which have either entered into or are contemplating entering into a complex transaction. Our firm provides support to clients with preparation of technical notes for documentation or management discussion which serves best for internal or external discussion with technical base.
Accounting manuals are a part of the internal control environment and help mitigate the risks of inconsistent accounting practices and knowledge loss. A growing company should have an effective accounting manual which is robust as well as dynamic, detailed as well as flexible.
Consolidation as a process has multiple challenges, specifically dealing with different reporting formats and methods used by different group entities. Our consolidation solutions make sure that your consolidation process is as streamlined as regular financial reporting.
With global corporate integration enabling exponential growth for Indian companies, financial reporting in an internationally accepted framework is inevitable. Our IFRS specialists can help you in developing accounting tools to help you map all the differences arising from the IFRS convergence and can advise on the design and implementation of the accounting information system/building blocks to align to the requirements under IFRS.
IFRS is a continuously evolving GAAP and so is Ind AS, drawing its dynamism from IFRS. In the recent past, GAAPs have seen significant new changes, with the coming of IFRS 9 and IFRS 15, which impacted most companies’ financial statements in ways that mattered. IFRS 16 and IFRS 17 are all set to impact financial statements again in the near future. We help companies prepare for these new accounting changes and implement them.
