Accounting Advisory services focus on helping businesses and individuals apply appropriate accounting principles, maintain accurate financial records, and comply with applicable accounting standards. The objective is to ensure that financial information is reliable, consistent, and aligned with statutory and regulatory requirements.

This service is particularly relevant for organizations facing changes in business structure, regulatory updates, or complex transactions that require careful accounting treatment.

Scope of Accounting Advisory

Accounting Advisory typically covers interpretation and application of accounting standards, review of accounting policies, and support in financial reporting matters. Key areas include:

• Guidance on compliance with Indian Accounting Standards (Ind AS) and other applicable frameworks

• Review and formulation of accounting policies and procedures

• Advisory on accounting treatment of complex transactions such as mergers, acquisitions, and restructuring

• Assistance in preparation and review of financial statements

• Support in transition to new or revised accounting standards

Support for Business Decisions

Accurate accounting forms the foundation for informed decision-making. Accounting Advisory services help management understand the financial impact of transactions and operational changes, ensuring clarity and consistency in reporting.

Regulatory and Compliance Alignment

With frequent updates to accounting and financial reporting regulations, ongoing advisory support helps businesses remain compliant while maintaining transparency and accuracy in their financial disclosures.