The financial reporting environment in India is under greater scrutiny than ever before with International Financial Reporting Standards (IFRS) convergence. These changes bring new challenges for corporate management — from compliance with standards, changes to accounting systems, resource requirements, impacts on reported earnings, and taxation linkages.
Continual changes in accounting standards, practices, laws, and guidelines can present complex financial reporting and operational issues. Changes in business operations or industry developments can also introduce new accounting policies within your organization. Our unwavering commitment ensures stability to your bottom line.
Our Financial Accounting Advisory Services (FAAS) team comprises professionals with robust backgrounds in adoption, implementation, and reporting of new accounting standards. We provide insightful advice and recommendations to both large corporations and mid-sized businesses.
Whether it is determining the proper journal entries, designing or implementing internal controls, writing technical accounting memoranda, or drafting disclosures, our team ensures seamless and efficient implementation of new policies.
Manj & Group is ready to support you with global expertise, tools, and guidance to deal with these exceptional changes.