Books That Your HQ Trusts.
Ind-AS compliant accounting and financial reporting tailored for foreign-owned entities operating in India, with seamless parent-company consolidation.
Why Financial Reporting Trips Up Foreign Subsidiaries
Ind-AS and IFRS Reconciliation
Indian accounting standards diverge from IFRS and US GAAP in critical areas such as revenue recognition, lease accounting, and financial instruments. Reconciling local books with parent-company reporting demands specialized expertise.
Misaligned Reporting Cycles
India's mandatory March fiscal year rarely aligns with global parent-company year-ends. Managing dual reporting calendars, interim closes, and transfer pricing adjustments on tight deadlines creates persistent operational friction.
Statutory Audit and Regulatory Scrutiny
Foreign-owned entities face heightened scrutiny from statutory auditors, the Registrar of Companies, and tax authorities. Incomplete documentation or delayed filings can trigger penalties and reputational risk.
Our Advisory Approach
Accounting Framework Assessment
We review your current chart of accounts, accounting policies, and reporting workflows to identify gaps between local Ind-AS requirements and your parent-company GAAP framework.
System and Process Setup
We configure your accounting system with a dual-reporting chart of accounts, automate intercompany eliminations, and establish standard operating procedures for monthly close cycles.
Ongoing Bookkeeping and Reconciliation
Our team handles day-to-day bookkeeping, bank reconciliations, vendor and customer ledger management, and fixed asset tracking with continuous accuracy controls.
Management and HQ Reporting
We prepare monthly management information packs, quarterly board-ready financials, and annual reporting packages in the format your global headquarters requires.
Statutory Audit and Filing Support
We coordinate with your statutory auditors, prepare audit schedules, address audit queries, and ensure timely filing of financial statements with the Registrar of Companies.
Accounting Framework Assessment
We review your current chart of accounts, accounting policies, and reporting workflows to identify gaps between local Ind-AS requirements and your parent-company GAAP framework.
System and Process Setup
We configure your accounting system with a dual-reporting chart of accounts, automate intercompany eliminations, and establish standard operating procedures for monthly close cycles.
Ongoing Bookkeeping and Reconciliation
Our team handles day-to-day bookkeeping, bank reconciliations, vendor and customer ledger management, and fixed asset tracking with continuous accuracy controls.
Management and HQ Reporting
We prepare monthly management information packs, quarterly board-ready financials, and annual reporting packages in the format your global headquarters requires.
Statutory Audit and Filing Support
We coordinate with your statutory auditors, prepare audit schedules, address audit queries, and ensure timely filing of financial statements with the Registrar of Companies.
What We Deliver
Full-Cycle Bookkeeping
End-to-end bookkeeping covering accounts payable, accounts receivable, bank reconciliations, payroll accounting, and fixed asset registers maintained to Ind-AS standards.
Ind-AS Financial Statements
Preparation of standalone financial statements fully compliant with Indian Accounting Standards, including all required notes, disclosures, and schedules.
GAAP Conversion Reporting
Conversion of Ind-AS financials to IFRS, US GAAP, or other parent-company frameworks with documented reconciliation of all material differences.
Monthly HQ Reporting Packs
Standardised monthly and quarterly reporting packages aligned to your parent company's templates, timelines, and consolidation requirements.
Statutory Audit Coordination
Complete audit preparation including schedule compilation, auditor liaison, query resolution, and post-audit filing of financial statements with the MCA.
Transfer Pricing Documentation
Maintenance of contemporaneous transfer pricing documentation, benchmarking studies, and intercompany transaction records to satisfy Indian TP regulations.
Dual-Framework Expertise
Our team holds qualifications across Indian CA, IFRS, and US CPA frameworks, eliminating the need to coordinate between multiple firms for local books and parent-company reporting.
Banker-Grade Accuracy Standards
With roots in banking advisory, we apply the same rigour to financial reporting that lenders and investors expect during due diligence, ensuring your books are always audit-ready and investor-grade.
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