GAAP Conversion Services
IFRS / Ind AS Conversion Services
India adopted the Ind AS reporting framework from FY 2016-17 onwards for certain classes of Indian companies. Further, multi-national companies are subject to group reporting requirements as per IFRS / US GAAP. We assist companies to implement Ind AS / IFRS / US GAAP etc. to have a smooth transition and make new reporting framework a business as usual:
- Impact assessment, highlighting the differences between Indian GAAP and Ind AS / IFRS / US GAAP
- Preparation of full-fledged financial statements under Ind AS / IFRS / US GAAP
- Training to the staff on new reporting framework
- Assistance in the preparation of group reporting packs
- Identify and address the impacts on business, processes and systems (IT)
Training
FinPro Consulting provides comprehensive suite of training solutions including ‘Diploma in International Financial Reporting Standards’
Technical Accounting Advisory
Companies face challenges to tackle complex accounting matters due to ever changing accounting and financial reporting requirements.
Accounting for Mergers & Acquisitions
Modern and inorganic ways of expanding business are mergers and acquisitions. Accounting for such transactions may become complex sometimes.
IPO Readiness and Reporting Services
Over the last several years, India has witnessed an increasing trend in companies looking to raise capital publicly. The company has to pool a strong team of advisors
ESOP Accounting
Accounting of ESOP as per IFRS 2 or Ind AS 102: Share-Based Payments