Accounting Advisory Services

The increasing complexity of financial reporting and the rapid pace of change has led to a significant increase in demand for expert accounting advice. The financial reporting challenge is driven by developments in financial reporting environment, with significant changes across many areas, and further waves of change expected in the coming years.

Our focus is on providing technical accounting advice to our clients that is practical and commercially astute. We provide expert support when preparing financial statements from simply helping clients to get ready for an audit and undertaking the complete preparation of their accounts.

The need for financial reporting advice is often driven by wider concerns, such as mergers and acquisitions, IPOs, significant system changes and new products or business strategies. Working as part of a multi-disciplinary team, we can provide seamless project support, incorporating financial reporting advisory solutions to our clients.

In a world of ever evolving accounting environment, our experienced team of professionals can help ensure that your financial reporting obligations are fulfilled. ASC has considerable depth of knowledge across all forms of financial reporting, including Indian Accounting Standard (Ind AS), International Financial Reporting Standards (IFRS) and US GAAP.
Accounting Policy Manual

Accounting Policies are the base for preparation of a better financial statements and documenting these policies in a comprehensive manner. Policy manual is a must to have document in today’s environment, which narrows down the gap between technical guidance and its implementation in spirit.

ASC India offers customized Accounting Policy Manual (APM) services and an “online tool” which can help to decode the business practices into simplified accounting rules by providing easy to read technical guidance, chosen management policies and scheme of entries at one place.

Features of our online tool is as below –

1 Transactions are reflected along with available accounting choices
2 Selected management policies
3  Option for group discussion with ease of documenting it in the hard or soft form
4  Query box for an immediate action
5  Search option across the manual for quick reference
6 Highlighting common pitfall or FAQs as easy reference
7  Scheme of accounting entries and policies mapped to the chart of accounts
8 Support for uniform chart of accounts
9  Option of allocating read and write access to nominated readers
10  Multiple choice questions series at the end of every chapter
11  Version control
12  Ease of editing with fully secured database

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