Aligning Reporting Frameworks with Modern Standards and Best Practices
Accurate and transparent financial reporting is the language of business. As corporate governance codes strengthen, companies must present financial statements aligned with Indian Accounting Standards (Ind-AS), International Financial Reporting Standards (IFRS), or revised Indian GAAP.
At Saurabh Vanya Sharma & Co. (SVS), we help companies transition from older reporting frameworks to modern accounting standards, coordinate multi-currency consolidation of group accounts, and document corporate financial controls. Our advisory services establish reporting policies that withstand audit inspections and validate corporate value.
Our Accounting & GAAP Advisory Capabilities
End-to-end guidance mapping Indian GAAP to Ind-AS. We identify gap differences, calculate transitional adjustments, and draft compliant disclosures.
Advisory on IFRS adjustments for multinational reporting, reconciliation reports, and group financial account consolidations.
Drafting operational workflows for finance processes like order-to-cash, procure-to-pay, inventory valuation, and payroll release.
Formulating comprehensive policy documents detailing revenue recognition criteria, depreciation rates, and asset classifications to guide accounting teams.
Establishing Internal Operational Controls through SOPs
Without structured workflows, businesses risk errors, duplicate payments, or fraudulent activities. SVS designs customized Standard Operating Procedures (SOPs) for corporate finance operations. By documenting process owners, control points, and approval matrices, we establish workflows that standardize accounting records and simplify statutory and internal audits. For ongoing day-to-day accounting support, see our BPO & Outsourcing services.
Frequently Asked Questions
Ready to Upgrade Your Financial Reporting?
Speak with our GAAP advisors to plan your Ind-AS conversion or write corporate SOPs.