Ind-AS, IFRS & US GAAP Audits
With businesses increasingly engaging in global trade and cross-border transactions, financial reporting in compliance with internationally accepted standards has become a necessity. Audits under Ind-AS, IFRS, and US GAAP ensure that financial statements are consistent, transparent, and comparable across jurisdictions. This enhances the credibility of financial reporting and helps organizations access global capital markets.
Such audits go beyond statutory requirements—they provide assurance to investors, lenders, and regulators that financial statements reflect true and fair positions in accordance with globally recognized accounting frameworks. Independent assurance under these standards also helps organizations adapt seamlessly to evolving regulatory expectations and international business environments.
About This Service
Our specialized audit services under Ind-AS, IFRS, and US GAAP are designed for companies with cross-border presence, foreign investors, or overseas listings. These audits are conducted in strict adherence to relevant accounting frameworks, ensuring consistency with international benchmarks.
We provide detailed reviews of accounting policies, disclosures, and treatments for complex areas such as financial instruments, revenue recognition, leases, consolidations, and fair value measurements. Our team ensures that financial statements are prepared in alignment with applicable global reporting standards.
Recognizing that transition and compliance with multiple frameworks can be challenging, we support clients with technical guidance, reconciliations between frameworks (e.g., Indian GAAP to IFRS/US GAAP), and gap assessments. This helps minimize risks of misstatements and ensures readiness for global investor scrutiny.
Through our independent opinion and value-added insights, we enable organizations to build investor confidence, meet cross-border compliance requirements, and position themselves competitively in international markets.
Key Features / Scope of Work
- Independent audits of financial statements under Ind-AS, IFRS, and US GAAP.
- Examination of complex accounting areas such as revenue, leases, financial instruments, and consolidations.
- Assistance in reconciliations and transition from Indian GAAP to IFRS/US GAAP.
- Verification of disclosures and notes to ensure compliance with global standards.
- Assessment of internal controls over financial reporting for multinational operations.
- Technical guidance and support for multinational group reporting requirements.
- Evaluation of fair value measurement practices and related disclosures.
- Providing assurance for investors, lenders, and regulators in global markets.
Explore Related Insights
Monthly regulatory newsletter covering corporate laws, taxation, and compliance updates.
A focused publication on developments in company law, SEBI regulations, and governance matters.
Periodical updates on direct and indirect taxation, including notifications, rulings, and compliance calendars.
