GAAP Conversion

Services We Offer
FAQs

Accurate & Compliant Financial Transformation

GAAP conversion is more than just adjusting financial statements – it ensures your business speaks a globally accepted financial language. Whether transitioning between Indian GAAP, IFRS or US GAAP, we help organizations align their financial reporting with regulatory and stakeholder expectations.

Our approach focuses on identifying key differences, restructuring financial data and ensuring full compliance with the target accounting framework. We not only convert numbers but also enhance transparency, comparability and decision-making for your business.

Services we offer

Multi-GAAP Conversion

Conversion of financial statements from one accounting framework to another accounting framework such as Indian GAAP to Ind AS/ IFRS.

IFRS Reporting and Conversion

Assistance in aligning financial reporting with International Financial Reporting Standards (IFRS) for regulatory and reporting requirements.

Restatement of Financial Statement

Restating the financial statements to ensure accuracy, comparability and regulatory compliance.

Accounting Policy Alignment

Review and alignment of accounting policies to ensure consistency with the applicable GAAP or reporting framework.

Disclosure & Reporting Compliance

Assistance in preparing financial disclosures and reports in accordance with statutory and international reporting requirements.

Group Reporting Conversion

Adjusting the subsidiary financial statements to align with Group’s Financial Reporting Framework for consolidated reporting.

Technical Accounting Advisory

Assistance in addressing technical accounting matters and interpretation issues under different accounting frameworks.

Data Mapping & Reconciliation

Support in financial data mapping, reconciliation and identification of reporting differences during conversion processes.

The ATS & Co. Advantage

Our GAAP conversion services are driven by deep technical expertise and practical industry experience. We go beyond basic adjustments by delivering structured, accurate, and audit-ready financial conversions.

Our team ensures smooth transitions with minimal disruption to your operations. We provide detailed reconciliations, documentation, and ongoing support, helping your organization confidently meet global reporting standards and investor expectations.

FAQs

GAAP conversion is the process of transitioning financial statements from one accounting framework (such as Indian GAAP) to another (like Ind AS, IFRS or US GAAP) to ensure global comparability and compliance.

Typically, when expanding internationally, seeking foreign investment, preparing for IPOs or complying with global reporting requirements.

 

The timeline depends on the complexity of your financial structure and the number of adjustments required. It can range from a few weeks to several months.

Yes. We provide end‑to‑end support for IFRS adoption, including diagnostic reviews, policy alignment and conversion documentation.

Yes. Changes in accounting standards may affect deferred tax calculations and disclosures. We help assess and manage these implications effectively.

Yes. We conduct workshops and training sessions to help internal teams understand new reporting requirements and maintain compliance post‑conversion.

Scroll to Top

Enquire Now