Ind AS Consulting

We provide structured Ind AS consulting services to support companies in transitioning to and complying with Indian Accounting Standards in a practical and well-documented manner. Ind AS implementation is not only an accounting change but a shift in how financial information is measured, reported and interpreted. Our role is to help management understand the impact of Ind AS on financial statements, business decisions and stakeholder communication, while ensuring regulatory compliance.

Our Approach to Ind AS Consulting

We approach Ind AS consulting as a collaborative exercise with management rather than a one-time technical conversion. Each engagement begins with understanding the company’s business model, existing accounting policies and reporting requirements.

Our advisory focuses on identifying areas of significant impact, assessing accounting options available under Ind AS and helping management adopt policies that are both compliant and suitable for the business.

Our Ind AS Consulting Working Process

01.

The engagement begins with a detailed review of existing financial statements, accounting policies and business arrangements.

02.

This is followed by identification of Ind AS impact areas and preparation of a structured transition plan.

03.

We assist management in evaluating accounting choices, preparing transition adjustments and documenting policies in line with Ind AS requirements.

04.

Support is provided during preparation of Ind AS financials, disclosures and explanations required for stakeholders.

05.

Where required, we assist in discussions with auditors to ensure alignment and smooth closure.

06.

This structured process helps companies adopt Ind AS with confidence and minimal disruption.

Scope of Our Ind AS Consulting Services

1.
Assessment of applicability of Ind AS and evaluation of transition requirements.

2.
Identification of key differences between existing accounting framework and Ind AS.

3.
Impact assessment on financial statements, net worth, profitability, and key financial ratios.

4.
Assistance in selection and documentation of Ind AS accounting policies.

5.
Support in preparation of Ind AS-compliant financial statements and disclosures.

6.
Coordination support with statutory auditors and other advisors during implementation.

Who Can Benefit from Our Ind AS Consulting Services

  • Companies transitioning from existing accounting frameworks to Ind AS.
  • Businesses preparing for fundraising, IPO, or strategic transactions.
  • Organisations seeking improved transparency and reporting quality.
  • Companies dealing with complex accounting standards and disclosures.

Why Choose LGT Growth Ventures for Ind AS Consulting

  • Strong technical understanding of Ind AS and its practical application.
  • Balanced approach between compliance and business realities.
  • Clear documentation and structured implementation support.
  • Hands-on involvement with management and finance teams.
  • Professional conduct, confidentiality and regulator-aware advisory.

Let’s Discuss Your Ind AS Requirement

If you are planning an Ind AS transition or require ongoing advisory support on Ind AS matters, we would be glad to understand your requirement and provide structured consulting support.