International Accounting & Auditing - US GAAP & GAAS
The Firm's skills are based on knowledge of US GAAP, and international experience in this field with several foreign companies who have had to restate their accounts to US GAAP for the purposes of potential IPO / borrowings in the US or for reporting to a US parent in conformity with GAAP.
US GAAP Restatements are considered specially because of :
- Transparency
- Conservatism
- Precision
- Strengthens Financially
- Creates premium in share markets
- Improves Investor Confidence
- Prestige Value
Services involving multi-national accounting standards, especially International Accounting Standards involving worldwide consolidation of financial statements under Indian GAAP are also undertaken. The Firm provides a unique combination of significant domestic accounting and audit standing with an international exposure.