Global Accounting
Seamless Financial Consolidation
In today’s interconnected economy, businesses operating across borders face the immense challenge of reconciling different financial reporting languages. Our Global Accounting practice ensures that your financial statements are accurate, compliant, and ready for international stakeholders.
Whether your organization reports under Ind AS (India), IFRS (International), or US GAAP, we bridge the gap between Indian statutory requirements and global reporting benchmarks, ensuring seamless financial consolidation and total regulatory compliance.
Global Trust & Data Security
When you outsource your global accounting, data integrity is paramount. We operate under strict international governance standards:
Data Security Protocols
Full compliance with ISO 27001 (Information Security) and GDPR guidelines for handling sensitive international financial data.
Professional Credentials
Supervised by a team holding elite global certifications, including ICAI (India), CPA (US), and ACCA (UK).
Secure Technology Stack
Expertise in modern, secure, cloud-based ERP environments including SAP, Oracle NetSuite, Xero, and QuickBooks.
"Follow-the-Sun" Delivery
Our 24/7 productivity cycle ensures that while your global headquarters sleeps, your Indian books are being reconciled and closed.
Our Core Global Accounting Services
Multi-GAAP Reporting
Preparation of financial statements under multiple frameworks (Ind AS, IFRS, and US GAAP) to support global consolidation and investor relations.
IFRS / Ind AS Convergence
Assisting companies in transitioning their accounting systems to comply with Ind AS (India's converged version of IFRS), ensuring global transparency.
Financial Statement Consolidation
Expert support for multinational entities in consolidating local subsidiary books into a single, group-level global financial report.
Audit Readiness Support
Preparing standardized bridge files, working papers, and reconciliations, ensuring your documentation is fully prepared for statutory audits.
Cross-Border Bookkeeping
End-to-end management of ledger entries, accounts payable/receivable, and multi-currency bank reconciliations.
The Compliance Lifecycle
Multinational subsidiaries face dual reporting burdens. Here is how we manage both ends of your compliance lifecycle (Local vs. Global):
| Requirement | Indian Subsidiary (Local) | Global Parent (Group) |
|---|---|---|
| Financial Reporting | Ind AS Compliant Statements | IFRS / US GAAP Consolidation |
| Statutory Audit | Companies Act 2013 Audit | Group Reporting Bridge Files |
| Tax Compliance | GST, Corporate Tax, TDS Filings | Transfer Pricing (Form 3CEB) |
| Corporate Governance | ROC Filings (AOC-4, MGT-7) | Internal Controls (ICFR/SOX) |
Indian Regulatory Frameworks
We ensure all your accounting processes strictly adhere to the mandatory frameworks governing corporate India:
Ministry of Corporate Affairs
Ensuring all financial reporting complies with the latest MCA notifications and Ind AS implementation roadmaps.
Institute of Chartered Accountants
Operating strictly within the ethical guidelines, accounting standards, and cross-border professional mandates set by the ICAI.
Reserve Bank of India
Reconciling foreign exchange (FX) gains, losses, and multi-currency transactions under stringent FEMA guidelines.
Important Official Links
Frequently Asked Questions
Ind AS is the Indian version of IFRS, customized to align with India’s unique legal and economic environment. While they are highly converged, there are specific "carve-outs" (exceptions) in Ind AS. We help map and bridge these differences so your group reporting remains globally accurate.
If you are a subsidiary of a foreign parent company or looking to raise capital globally, you must report in local GAAP (for Indian tax and statutory purposes) and group GAAP (like IFRS or US GAAP) for headquarters' consolidation. We provide the reconciliations required to satisfy both seamlessly.
We operate with strict adherence to global data protection protocols. Our workflows utilize secure cloud-based systems, end-to-end encryption, and documented role-based access controls that are routinely audited to prevent any data leakage.