Accounting Advisory Services

Technical accounting answers, when the standard isn't straightforward.

Every finance team eventually hits a transaction that the standard accounting policy doesn't cleanly cover — a complex lease, a business combination, a revenue arrangement with multiple performance obligations, or a new accounting pronouncement that needs to be adopted correctly and consistently.

Our Accounting Advisory Services practice provides technical accounting positions across Ind AS, IFRS and US GAAP — particularly valuable for India subsidiaries that need to report under more than one framework, or whose parent company's auditors expect a documented technical memo for judgment-heavy areas.

Drafting and preparing financial statements across frameworks.

We assist in drafting and preparing financial statements with respect to Ind AS, IFRS, US GAAP and Indian GAAP — a recurring requirement for India subsidiaries that need to report locally under Ind AS while also providing US GAAP or IFRS-converted financials for group consolidation.

• Financial statement preparation under Ind AS, IFRS, US GAAP and Indian GAAP
• GAAP conversion and reconciliation support (Ind AS to US GAAP / IFRS)
• Disclosure checklist preparation and review for statutory filings
• Consolidation support for group reporting packages

Documented positions on judgment-heavy areas.

Where a transaction or arrangement requires interpretation of an accounting standard, we prepare technical accounting memos that document the facts, the relevant standard, the judgment applied, and the conclusion reached — the kind of documentation a statutory auditor or group technical accounting team expects to see.

• Lease accounting under Ind AS 116 / ASC 842 / IFRS 16
• Purchase Price Allocation (PPA) accounting for business combinations
• Revenue recognition under Ind AS 115 / ASC 606 / IFRS 15
• Financial instruments classification and measurement
• Adoption of new accounting pronouncements and standards
• Capitalisation policy for internally generated intangible assets

The operational layer underneath the technical positions.

Good technical accounting positions only matter if the underlying books are accurate. Our team supports the operational accounting functions that feed into financial statements — reconciliations, asset verification, and management reporting.

• Accounts receivable / payable reconciliations
• Bank reconciliations
• Inventory management support and physical asset verification
• FP&A support — MIS reporting and budgeting
• Business finance operations setup for new entities