Ind AS Implementation

As per the Company Law in India, a particular set of companies in India need to prepare their financial statements according to Indian Accounting Standards (“Ind AS”). The standard language can be hard to interpret at times. Keeping up with all Ind AS and Indian regulatory updates can even be harder. However, it will be a long-term relief when you’ve got a team of Ind AS consultants that have been dedicated to this field of consultancy for years.

Our professionals have a track record of working with companies to achieve consistency in their financial reporting policies and practices. These professionals have extensive experience in helping clients plan and execute complex and challenging Ind AS first time implementation, and can provide assistance with all facets of the implementation process, helping companies:

• Evaluate the potential impacts of Ind AS
• Prepare a detailed implementation plan
• Implement an Ind AS conversion
• Address the implications of Ind AS in areas such as treasury, tax, financial operations, technology, and valuation
• Design and implement state of the art control frameworks, efficient information technology architecture and data flow, and fast close methodologies
• Streamline statutory financial reporting processes
• By leveraging our previous lessons learned and the experience our Ind AS methodology is structured to address the broad implications of Ind AS.