IFRS and US GAAP Financial Reporting

Global Standards, Local Expertise

International financial reporting for global stakeholders

As businesses expand globally and seek international investors, the need for financial reporting under internationally recognized standards becomes critical. DYP provides comprehensive IFRS (International Financial Reporting Standards) and US GAAP (Generally Accepted Accounting Principles) reporting services that enable your organization to communicate financial performance to global stakeholders with clarity and credibility.

Our team of specialists possesses deep expertise in both IFRS and US GAAP frameworks, understanding not just the technical requirements but also the underlying principles and judgment areas. We assist organizations in preparing financial statements that comply with these complex standards, ensuring that all recognition, measurement, presentation, and disclosure requirements are appropriately addressed. Whether you’re a subsidiary of a foreign parent requiring consolidation packages, a company seeking overseas listing, or an organization with international investors, our services ensure your financial reporting meets the highest global standards.

The transition from Indian GAAP to IFRS or US GAAP involves significant technical challenges, from identifying differences in accounting policies to quantifying the financial impact of transitions. Our team guides you through this complex process, conducting detailed gap analyses, preparing transition roadmaps, and implementing necessary changes in accounting systems and processes. We provide training to your finance team, document accounting policy choices, and prepare comprehensive reconciliations. Our services extend beyond initial conversion to ongoing compliance, ensuring that your financial statements continue to reflect the latest amendments and interpretations. We also assist in preparing MD&A (Management Discussion and Analysis), footnote disclosures, and other narrative reporting requirements that provide context to financial numbers.

Technology Driven:

Utilizing latest tools for accuracy and efficiency.

Key Deliverables

Specialized Areas

Revenue recognition (IFRS 15/ASC 606), Lease accounting (IFRS 16/ASC 842), Financial instruments (IFRS 9/ASC 815), Business combinations, Share-based payments

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