Technical Accounting
Advisory
Accounting & Financial Reporting
Companies face challenges to tackle technical and complex accounting matters due to ever changing accounting and financial reporting requirements. Our experienced and dedicated team of financial reporting professional acts as an extended team of your finance and accounting function to assist you by providing several solutions including:
- Technical assistance in complex accounting issues and events such as:
- Consolidation of subsidiaries, associates and JVs
- Accounting for leases under IFRS 16 / Ind AS 116
- Accounting for revenue under IFRS 15 / Ind AS 115
- Deferred tax, tax rate reconciliation (IAS 12 / Ind AS 12)
- Derivative and hedge accounting, ECL modelling
- Financial statements preparation under IFRS / Ind AS / US GAAP etc.
- Preparation of technical accounting memo on behalf of the management
- Audit readiness support
- Preparation of accounting manual
- Fixed assets recording and register maintenance
- MIS reporting, business valuations etc.
Training
FinPro Consulting provides comprehensive suite of training solutions including ‘Diploma in International Financial Reporting Standards’
GAAP conversion services
India adopted the Ind AS reporting framework from FY 2016-17 onwards for certain classes of Indian companies. Further, multi-national companies
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