Ind-AS, IFRS & US GAAP Audits
Ind-AS, IFRS & US GAAP Audits
As businesses increasingly participate in global trade and cross-border transactions, financial reporting aligned with internationally accepted standards has become essential. Audits conducted under Ind AS, IFRS, and US GAAP ensure that financial statements are consistent, transparent, and comparable across jurisdictions, thereby enhancing the credibility of financial reporting and enabling organizations to access global capital markets.
These audits extend beyond statutory compliance by providing assurance to investors, lenders, and regulators that financial statements present a true and fair view in accordance with globally recognized accounting frameworks. Independent assurance under these standards also supports organizations in responding effectively to evolving regulatory requirements and operating confidently within international business environments.
About This Service
Our specialized audit services under Ind AS, IFRS, and US GAAP are tailored for organizations with cross-border operations, foreign investment, or overseas listings. These audits are performed in strict compliance with the applicable accounting frameworks, ensuring alignment with international reporting benchmarks.
We conduct comprehensive reviews of accounting policies, disclosures, and treatments for complex areas such as financial instruments, revenue recognition, leases, consolidations, and fair value measurements. Our team ensures that financial statements are prepared in accordance with relevant global reporting standards.
Understanding that transition and compliance across multiple frameworks can be complex, we assist clients with technical advisory support, framework reconciliations (such as Indian GAAP to IFRS or US GAAP), and detailed gap assessments. This approach helps reduce the risk of misstatements and ensures preparedness for global investor and regulatory scrutiny.
Through our independent audit opinion and value-added insights, we help organizations strengthen investor confidence, meet cross-border compliance obligations, and compete effectively in international markets.
Key Features / Scope of Work
Independent audits of financial statements under Ind AS, IFRS, and US GAAP
Review of complex accounting areas including revenue, leases, financial instruments, and consolidations
Support with transition and reconciliation from Indian GAAP to IFRS / US GAAP
Verification of disclosures and notes for compliance with global reporting standards
Assessment of internal controls over financial reporting for multinational operations
Technical guidance for multinational group reporting requirements
Evaluation of fair value measurement methodologies and related disclosures
Providing assurance to investors, lenders, and regulators in global markets
- Statutory & Regulatory Audits
- Statutory Audit
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- Tax Audit under Income Tax Act
- PCAOB-Compliant Audit for Foreign Listed Companies
- Audit of Trusts, Societies & NGOs
- PSU & Government Audits
- Restatements, certifications, comfort letter under IPO
- https://sgacharteredaccountants.com/practice-areas/audit-assurance/audit-under-llp-act-and-other-special-acts/
- Limited Review, Interim Financial Review
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