Assurance · Accounting Advisory
Financial Reporting
& Advisory.
Navigating complex accounting standards with precision. From IndAS adoption and group consolidation to revenue recognition and restatement, we provide the technical depth required for institutional-grade financial reporting.
IndAS
Adoption Specialists
Group
Consolidation
RPT
Compliance
SEC 129
Reporting Standards
Service Lines
Reporting & Advisory Scope.
IndAS / AS Adoption
Assisting companies in transitioning from Indian GAAP to IndAS (IFRS-converged) or vice-versa. Impact assessment, policy drafting, and opening balance sheet preparation.
Group Consolidation
Complex multi-entity consolidation under Section 129(3). Handling multi-currency, minority interests, and eliminated transactions across global subsidiaries.
RPT Reporting
Identifying and reporting Related Party Transactions (RPT) under Section 188 and IndAS 24. Ensuring arm's length pricing and proper disclosure.
Financial Restatement
Correcting prior-period errors or accounting policy changes. Preparation of restated financial statements for IPOs, mergers, or regulatory requirements.
Revenue Recognition
Technical advisory on IndAS 115 / AS 9 — ensuring revenue is recognized in the correct period with proper performance obligation assessment.
Lease Accounting
Implementation of IndAS 116 — Right of Use (ROU) asset calculations, lease liability measurement, and required financial statement disclosures.
Common Questions
Reporting FAQ.
IndAS is mandatory for all listed companies (except SME exchange) and unlisted companies with a net worth of ₹250 crore or more. Once IndAS is adopted, it cannot be reverted to old Accounting Standards. Holding, subsidiary, JV, and associate companies of these entities must also adopt IndAS.
Yes. We specialize in preparing restated financial statements for the preceding three financial years as required by SEBI (ICDR) Regulations. This includes aligning disparate accounting policies across group companies and correcting material errors for the DRHP filing.
Precision in every disclosure.
Hyderabad HQ: +91 94922 01497