Moving to Ind AS without losing a quarter to confusion.
Moving from Indian GAAP to Ind AS isn't a mechanical reclassification — it touches revenue recognition, financial instruments, leases, and consolidation, often changing reported profit and net worth in ways that surprise management if they're not planned for.
We manage the technical transition and the judgment calls that come with it, so your first Ind AS financial statements are right the first time, not restated the second.
The standard doesn't change your business. It changes how the business gets told — and that story has to be right the first time. — Why transition planning matters more than the accounting mechanics
Ind AS 115's five-step model often changes when and how revenue is recognised, especially for long-term contracts.
Ind AS 109's classification and expected credit loss requirements change how loans and investments are measured.
Ind AS 116 brings most leases onto the balance sheet, changing both assets and liabilities materially.
Ind AS 103 and 110 change how group financials are prepared, especially around goodwill and control assessment.
Planned well ahead of your first Ind AS filing deadline.
Applicability is based on prescribed net worth thresholds under the Companies (Indian Accounting Standards) Rules, phased by company type — we'll confirm where you stand.
Typically 3 to 6 months depending on complexity, ideally starting well before your mandatory first year.
Often yes, especially around revenue recognition, leases and financial instruments — we quantify this upfront so it's never a surprise later.
Yes, through our Assurance Service, coordinated directly with this transition work so nothing falls between the two.
Yes — Ind AS 110 and 103 consolidation work is part of this service where you have a group structure.
Tell us your current GAAP position and timeline, and we'll scope the transition plan.
