GAAP conversions

With global corporate integration enabling exponential growth for Indian companies, financial reporting in an internationally accepted framework is inevitable. For dynamic Indian businesses, the challenge to catapult into the next phase of growth magnifies with the ever-increasing focus on quality and transparency of financial reporting by various stakeholders. On 16 February 2015, the MCA notified the Ind AS and roadmap for implementation thereof.

At Grant Thornton in India, we understand the importance of aligning financial reporting with regulatory changes and the need for accurate financial reporting.