Chartered Accountants

IFRS-Ind AS

We offer end-to-end support for companies transitioning from Indian GAAP to Indian Accounting Standards (Ind AS) or International Financial Reporting Standards (IFRS), ensuring full compliance, transparency and readiness for domestic or global capital markets. Our services cater to listed companies, NBFCs, large private companies and businesses planning IPOs or foreign investment.

Our implementation process begins with a comprehensive diagnostic assessment that identifies key areas impacted by the transition, such as revenue recognition (Ind AS 115), lease accounting (Ind AS 116), financial instruments (Ind AS 109) and fair value measurements. We develop a tailored roadmap covering conversion planning, policy formulation, restatement of comparative financials and system alignment.

We assist in drafting new accounting policies, preparing transition reconciliation statements (including Ind AS 101 adjustments), training internal teams and managing parallel reporting during the initial years of adoption. Our team ensures alignment with Schedule III of the Companies Act, applicable SEBI regulations and audit documentation requirements.

We help clients modify ERP setups or implement new chart of accounts, classification structures and financial reporting templates aligned with Ind AS or IFRS requirements. Our advisory extends to group consolidation under Ind AS 110, treatment of business combinations under Ind AS 103 and impairment testing under Ind AS 36.

Our collaborative approach ensures smooth coordination between finance teams, statutory auditors and IT vendors. We support quarterly and annual financial statement preparation, investor communication and regulatory submissions under the revised standards.

With regulatory convergence accelerating, Ind AS and IFRS compliance is becoming a key expectation for stakeholders. Our services help businesses improve disclosure quality, enhance investor trust and align reporting with global best practices, ensuring a future-ready financial environment.