Do you have any questions about
our services or WTS Advisory?
We look forward to your message or your call!
The presence of enterprises throughout the world has grown as a result of globalization. It necessitates the adaptation of a variety of new processes, including financial reporting in a globally accepted accounting system.
The two frameworks frequently used by organizations throughout the world are International Financial Reporting Standards (IFRS) and US GAAP (Generally Accepted Accounting Principles). Furthermore, the emphasis on financial reporting quality and openness has risen. This is when Accounting Ally comes in handy.
We offer GAAP and IFRS conversion services, which entail restating financial statements in accordance with GAAP and IFRS regulations. In transactions such as obtaining equity/debt in a foreign location or in cross-border acquisition deals where the acquirer’s books must be converted, GAAP/IFRS conversion is necessary. We also provide ongoing US GAAP/IFRS consulting services to ensure that our clients are always up to date with their international accounting requirements.
This is followed by the optimization of the Group accounting and the analysis of existing IT systems, which includes the implementation of new software for the Group accounting. Furthermore, if desired, it is possible to design and roll out the IT-technical implementation of parallel accounting in accordance with IFRS/US-GAAP.
This is followed by the optimization of the Group accounting and the analysis of existing IT systems, which includes the implementation of new software for the Group accounting. Furthermore, if desired, it is possible to design and roll out the IT-technical implementation of parallel accounting in accordance with IFRS/US-GAAP.
This is followed by the optimization of the Group accounting and the analysis of existing IT systems, which includes the implementation of new software for the Group accounting. Furthermore, if desired, it is possible to design and roll out the IT-technical implementation of parallel accounting in accordance with IFRS/US-GAAP.
We look forward to your message or your call!
Training on US GAAP conversion and IFRS conversion methodology to build in-house expertise
Preparation of converted financial statements
Preliminary assessment accounting gaps and the impact of conversion
Preparing GAAP/IFRS adjustment computation templates for clients
Assistance in implementation of the new accounting standards
Help in preparation of disclosures required when adopting a new accounting framework
At vteam, we have a team of financial experts who do not take anything for granted. We make every effort to cut discrepancies in financial reporting. With us, you witness best-in-class IFRS conversion services with minimal to no errors. Rely on us and enjoy peace of mind with reduced errors in financial reporting.
Our expertise has reached the global stage, representing our excellence in IFRS accounting services. As your partner in IFRS conversion, we offer the best for business. All our experts are competent at delivering IFRS conversion services to stay ahead.
Affordability is key to our prominence in the business world. We offer financial reporting and accounting at an affordable rate. Our affordability without compromising quality sets us ahead in managing your business finances.
To outsource accounting services, visit the website and navigate to the accounting services section. To discuss your needs, get in touch with the team via the provided form or phone number. The accounting experts will walk you through the setup procedure and customize their offerings to meet your specific requirements.
We have a highly qualified team of accountants, which includes ACCAs, Indian CAs and Payroll Experts who have experience of over 10+ years. We follow the Four Eyed Review for all the Outsourcing Tasks. We’re led by Dhaval Kodilkar, a Fellow Chartered Accountant with over 12 years of practice experience.
Our turnaround time is two working days from the time we receive the last piece of job information. All our plans include a dedicated Accounts Manager (SPOC) who reports directly to your on-site point of contact providing you with secure encrypted reports on daily, weekly, and monthly basis besides unlimited phone and email support.
It may appear like bookkeepers and accountants are the same as they both deal with financial records. Although, they do identical tasks, their duties are actually more complex.
A bookkeeping professional keeps financial records, which an accountant then examines to give business owners insights, bookkeeping is an element of the accounting process.
Yes, our teams are experienced with all major cloud-based finance and accounting software and can securely access your business servers, ensuring seamless integration with your existing systems.
Contact Us
Reach out to us today to start a conversation about your
accounting needs. Get One-on-One expert support
Just drop in your details here and we'll connect with you soon!