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Ind AS Advisory & Audits

Guiding businesses through Ind AS implementation while delivering audits aligned with applicable financial reporting standards

Audit and Assurance

Ind AS Advisory & Audits

Overview

The convergence of Indian Accounting Standards (Ind AS) with International Financial Reporting Standards (IFRS) has significantly transformed financial reporting for many organisations. We assist companies in transitioning to Ind AS and provide audit services that support compliance with applicable accounting standards, statutory requirements and financial reporting obligations.

Scope of Services

  • Advisory on transition and convergence to Ind AS
  • Gap analysis between existing accounting policies and Ind AS requirements
  • Assistance in implementing Ind AS-compliant accounting policies
  • Preparation and review of Ind AS financial statements
  • Statutory audits under the Ind AS framework
  • Review of accounting treatments for complex transactions
  • Support for group reporting and consolidation under Ind AS
  • Coordination with management and auditors during the transition process

Our Approach

We work closely with management to understand the impact of Ind AS on financial reporting, business processes and governance. Our approach combines technical expertise with practical implementation support, enabling organisations to achieve a smooth transition while ensuring compliance with applicable accounting and regulatory requirements.

Key Benefits

  • Structured support for Ind AS implementation and transition
  • Financial reporting aligned with applicable accounting standards
  • Practical guidance on complex accounting matters
  • Strengthened quality and consistency of financial reporting
  • Support throughout the audit and reporting process

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