CA for IFRS (International Financial Reporting Standards) – N D Savlaa & Associates

Global reporting demands global standards.
IFRS (International Financial Reporting Standards) is the accepted accounting framework for companies with international operations, foreign investors, overseas subsidiaries, or global reporting requirements.

At N D Savlaa & Associates, we provide end-to-end IFRS advisory, conversion, and compliance services, helping businesses prepare accurate, audit-ready financial statements aligned with international standards.

Our approach is practical, structured, and focused on real business impact.

What Is IFRS and Who Needs It?

IFRS is a globally accepted accounting framework issued by the IASB and followed in over 140 countries.

You may require IFRS if you are:

• An Indian company with overseas subsidiaries or holding companies

• A foreign company operating in India

• Raising funds from foreign investors or private equity

• Preparing consolidated financials for global reporting

• Transitioning from Indian GAAP or Ind AS to IFRS

• Required to report to overseas parent companies

IFRS reporting ensures transparency, comparability, and global credibility.

Our IFRS Services

IFRS Applicability & Readiness Assessment

We evaluate:

• Whether IFRS reporting is required or advisable

• Group structure and consolidation impact

• Differences between existing accounting framework and IFRS

This helps avoid incorrect adoption and reporting gaps.

Conversion of Financial Statements to IFRS

We assist with:

• Conversion from Indian GAAP / Ind AS to IFRS

• Preparation of IFRS-compliant standalone and consolidated financials

• Comparative financial statements under IFRS

• Alignment with group reporting requirements

All conversions are supported with detailed working papers.

IFRS Transition & First-Time Adoption

For first-time IFRS adopters, we handle:

• IFRS 1 transition planning

• Opening balance sheet preparation

• Identification of mandatory and optional exemptions

• Impact analysis on profit, net worth, and key ratios

We ensure a smooth and defensible transition.

IFRS Advisory & Technical Support

Our team provides expert guidance on complex IFRS areas such as:

• Revenue recognition (IFRS 15)

• Financial instruments (IFRS 9)

• Leases (IFRS 16)

• Business combinations (IFRS 3)

• Impairment testing (IAS 36)

• Fair valuation and measurement

• Employee benefits and share-based payments

We focus on correct interpretation and consistent application.

IFRS-Compliant Financial Statements & Disclosures

We prepare:

• Complete IFRS financial statements

• Notes to accounts and disclosures

• Accounting policy documentation

• Management explanations and audit support files

All documentation is structured for audit and investor review.

IFRS Support for Audits, Due Diligence & Reporting

We assist during:

• Statutory and group audits

• Overseas parent company reporting

• Investor and lender due diligence

• Regulatory and compliance reviews

We work closely with auditors and management to resolve technical issues efficiently.

Why Choose N D Savlaa & Associates for IFRS?

• Chartered Accountants with strong IFRS expertise

• Practical, business-focused approach

• Experience with cross-border reporting

• Clear documentation and transparent process

• Audit-ready deliverables

We don’t just convert numbers. We help you meet global reporting expectations confidently.

Who We Serve

Our IFRS services are ideal for:

• Indian companies with international presence

• Multinational subsidiaries in India

• Companies raising overseas funding

• Groups preparing consolidated global financials

• Businesses transitioning between accounting frameworks