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Group Reporting under IFRS/ US GAAP

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Group reporting under IFRS (International Financial Reporting Standards) and US GAAP (Generally Accepted Accounting Principles) is essential for multinational corporations, subsidiaries, and businesses with global operations. Accurate and compliant financial consolidation and reporting ensure transparency, regulatory adherence, and effective decision-making.

At Regitimate Advisors, we specialize in Group Reporting Services under IFRS and US GAAP, ensuring businesses meet international financial reporting requirements. Our expert team of Chartered Accountants and financial specialists assists organizations in preparing accurate, timely, and compliant financial statements that align with global accounting standards.

Our Group Reporting Services:
Regulatory & Statutory Compliance Support
Ensuring compliance with SEC (for US-listed companies) and other regulatory bodies
Preparing audit-ready financial reports for external and internal stakeholders
Assisting in SOX compliance and internal controls under US GAAP
Financial Consolidation Services
Preparing consolidated financial statements for multinational corporations
Eliminating intercompany transactions and ensuring accurate reporting of subsidiaries
Ensuring compliance with multi-currency financial reporting
Advisory on Accounting Policies & Adjustments
Aligning group accounting policies across multiple entities
Handling foreign exchange translation and hyperinflationary accounting
Ensuring compliance with IFRS 3 (Business Combinations) and ASC 805
 IFRS & US GAAP Compliance and Implementation
Assisting businesses in transitioning from local GAAP to IFRS/US GAAP
Ensuring compliance with IFRS 10 (Consolidated Financial Statements) and ASC 810 (Consolidation under US GAAP)
Implementing new accounting standards, including IFRS 15, IFRS 16, and ASC 606
Preparation of Financial Statements
Assisting in the preparation of Balance Sheets, P&L Statements, and Cash Flow Statements
Aligning financial statements with IFRS and US GAAP disclosure requirements
Addressing segment reporting, fair value measurement, and lease accounting
Why Choose Regitimate Advisors for Group Reporting?

Expert Chartered Accountants & IFRS/US GAAP Specialists:

Our team has in-depth expertise in global financial reporting standards and consolidation requirements.

Accurate & Compliant Financial Consolidation:

We ensure businesses meet international regulatory standards while eliminating accounting discrepancies.

Seamless Transition from Local GAAP to IFRS/US GAAP:

Our structured approach ensures smooth adaptation to global accounting frameworks.

Multi-Currency & Multi-Jurisdiction Reporting Expertise:

We provide accurate currency translation and global financial reporting solutions.

Comprehensive End-to-End Reporting Services:

From initial data collection to final reporting, we offer holistic group reporting solutions.

Online & Nationwide Services:

With offices in Pune and Nagpur, we serve businesses across India and NRIs with online financial reporting support.
Frequently Asked Questions (FAQ's):

Group reporting involves financial consolidation and compliance with IFRS and US GAAP for multinational businesses.

While both are global accounting standards, IFRS is principles-based, whereas US GAAP follows a more rules-based approach.

It ensures accurate financial reporting, regulatory compliance, and transparency across multiple business entities.

Yes! We provide comprehensive transition services for businesses adapting to IFRS or US GAAP.

Absolutely! We prepare compliant financial reports aligned with IFRS, US GAAP, and statutory audit requirements.

Contact Us:

Ensure global compliance and accurate group financial reporting with Regitimate Advisors.