With globalization, the presence of Indian companies across the world has increased. It requires adjustment to various new processes, including financial reporting in the accounting framework accepted across the world.
International Financial Reporting Standards (IFRS) and US GAAP (Generally Accepted Accounting Principles) are the two frameworks widely used by businesses across the globe. Moreover, the focus on quality and transparency of financial reporting has also increased. This is where KMS plays a strong role. We provide GAAP Conversion and IFRS Conversion services, where we restate the financial statements in line with the GAAP and IFRS requirements. GAAP Conversion/IFRS conversion is essential in transactions such as raising equity/debt in a different geography or in case of cross-border acquisition transactions where acquiree’s books are required to be converted. We also provide on-going US GAAP/IFRS consultancy services to enable our clients to be on time with their compliance with international accounting requirements on a real-time basis.
As a CA firm in Ahmedabad, we always focus on giving our clients the best in class services that reflect our values and vision of transparency, flawless, and professional work. Check out our website to understand and know more about our services and firm.
GAAP Conversion Services
Our GAAP Consultants in India provide a range of services to our clients on GAAP conversion as follows:
IGAAP to Ind AS conversion and Ind AS to IGAAP conversion
IGAAP to US GAAP conversion and US GAAP to IGAAP conversion
US GAAP to IFRS conversion and IFRS to US GAAP conversion
IFRS Conversion Services
Our IFRS Consultants in India provide the following IFRS conversion services:
IGAAP to IFRS conversion and IFRS to IGAAP conversion
IFRS to Ind AS conversion and Ind AS to IFRS conversion
IFRS to US GAAP conversion and US GAAP to IFRS conversion
Our clients approach us because we have the in-house knowledge, expertise, and experience to deal with conversion to US GAAP/IFRS for all kinds of businesses in various industry sectors. The key benefits that KMS provides are as follows:
our clients say
trust. transparency. professional expertise.
frequently asked questions(faqs)
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