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Accounting Advisory Services

In the world of an ever-evolving accounting environment, our experienced team of professionals can help ensure that your financial reporting obligations are fulfilled. GAA & Co. has considerable knowledge across all forms of financial reporting, including Indian Accounting Standard(Ind AS), International Financial Reporting Standards (IFRS) and US GAAP.

First Time Ind AS adoption

  • Identification of GAAP differences.

  • Benchmarking Alternatives.

  • Selection of revised accounting policies.

  • Business Impact review.

  • IT system review.

  • Preparation of comparative financial information for first Ind AS Financials.

  • Alignment of internal financial controls.

  • Preparation of First Ind AS Financials with complete disclosures.

Ind AS/IFRS/ASC Advisory

  • Preparation of Accounting memos.

  • Advisory for specific transactions eg. Business Combination, ESOP, etc.

  • Assistance in preparation of annual Ind AS Financial Statements

  • Assistance in GAAP conversions for foreign reporting.

  • The first-time adoption of new IFRS/Ind AS/ASC introduced.

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