Technical Accounting Advisory

With ever evolving regulatory and business environment, number of complex business transactions, which require specialized skills beyond routine accounting, have increased thereby leading to clients facing challenges in financial reporting. Our experienced professionals becomes an extended arm of the clients and help them navigate through complexities in financial reporting, risk management, and other transaction-related accounting challenges that are necessary for the path ahead. Our services include:

GAAP conversion

• Performing impact assessment and preparation of diagnostic report highlighting differences between existing GAAP and Ind AS, IFRS or USGAAP.
• Transitioning to new standards including assistance in computation and concluding on technical accounting positions
• Assistance in accounting evaluations of complex contracts (revenue, leases, business combinations, derivatives, share based compensation, financial instruments, impairment assessments, segment determination, etc.)
• Reconciliation from existing GAAP to Ind AS, IFRS or USGAAP.
• Preparation of GAAP compliant financial statements, standalone and consolidated, including accounting policies.
• Conducting trainings and on-call advisory during the tenure of engagement.

Accounting support

Assistance in accounting evaluations/ disclosures in relation to: