GAAP / IFRS & Accounting Advisory
US GAAP, IFRS and local-framework reporting, conversions, technical memos and audit support — matched to each country's rules.
The full scope, in plain English.
The complete list of what we can deliver under this line. Every item is a real service — tell us which you need.
US GAAP reporting
Financial statements and disclosures under US GAAP — for US companies and foreign subsidiaries reporting up to US parents.
IFRS reporting
Full IFRS financial statements — the framework used across the UK, Gulf, Australia, New Zealand, Canada, Pakistan and most of the world.
Local-framework reporting
The national flavours done right: FRS 102 (UK), ASPE (Canada), IFRS for SMEs, and each Gulf market's adopted standards.
Framework conversions
Moving reporting from one framework to another — a re-measurement exercise that can change reported profit and equity, not a relabelling job.
First-time adoption (IFRS 1)
The transition rules, exemptions and opening balance sheet for a company adopting IFRS for the first time.
Revenue recognition (ASC 606 / IFRS 15)
Contract reviews, the five-step model applied to your actual deals, and the ongoing calculations these standards demand.
Lease accounting (ASC 842 / IFRS 16)
Lease registers, right-of-use models and transition calculations — one of the most common audit pain points, solved.
Technical accounting memos
Written positions on hard questions — share-based payments, financial instruments, consolidation, impairment — with references your auditors can tie out.
Consolidations & group reporting
Multi-entity, multi-currency consolidations with clean elimination and translation workings.
Financial statement preparation
Complete statutory financial statements with disclosure checklists — ready for audit, filing or investors.
Audit support & auditor liaison
Your side of the audit handled: schedules, queries and technical debates with the audit team, so findings don't become surprises.
Process, tools & quality control.
Framework gap analysis
Line-by-line comparison of your current reporting against the target framework.
Conversion plan
Adjustments ranked by financial-statement impact, with an audit-trail design agreed up front.
Re-measurement & memos
Each adjustment calculated, documented and supported by a technical memo.
Converted statements
Full statements with disclosures, reconciliations, and support files for audit.
Companies reporting in — or converting between — accounting standards: US parents with foreign subsidiaries, non-US companies raising from US investors, and groups preparing for diligence or listing.
Fixed fee per conversion or per reporting cycle, based on entity count and complexity, agreed after the gap analysis.
- Gap analysis
- Converted financial statements
- Technical memos
- Framework bridge workings
- Audit support pack
GAAP / IFRS & Accounting Advisory, country by country.
This service adapts to each jurisdiction's rules, regulator and framework. Open your market for the specifics.
United States
US companies and US investors expect US GAAP; foreign subsidiaries reporting up to a US parent need converting into it.
Details →United Kingdom
Most UK companies report under FRS 102; groups and the investor-facing ones use full IFRS.
Details →Canada
Private Canadian companies often use ASPE; public and IFRS-reporting groups use IFRS.
Details →Australia
Australia reports under AASB, its IFRS-equivalent standards — clean territory for our IFRS team.
Details →New Zealand
NZ IFRS is IFRS-aligned — straightforward for our reporting team, including tiered reporting for smaller entities.
Details →United Arab Emirates
UAE entities report under IFRS — and corporate tax now makes clean, standard-compliant financials mandatory, not optional.
Details →Saudi Arabia
Saudi entities report under IFRS as adopted by SOCPA — our reporting team's home framework.
Details →Qatar
Qatari entities report under IFRS — clean ground for our reporting team.
Details →Kuwait
Kuwaiti entities report under IFRS; foreign bodies often need statements that satisfy both local and parent requirements.
Details →Pakistan
Pakistan reports under IFRS (or IFRS for SMEs) as adopted by ICAP — our reporting team's home turf, right here in Islamabad.
Details →Frequently asked questions
Which framework do we actually need? +
Will conversion change our reported profit? +
Can our auditors rely on your memos? +
Do you also handle the first year of dual reporting? +
We only need one hard question answered — is that too small? +
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