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Ind AS, IFRS and US GAAP Conversion from Impact Assessment to Reporting Implementation
A reporting-framework conversion changes more than accounting entries. It can affect contracts, systems, data, processes, controls, KPIs, covenants, tax interfaces and how management explains performance. Contetra helps finance teams plan and implement the conversion as a controlled reporting-change programme.
Our support can include Ind AS adoption, local GAAP to IFRS, IFRS to US GAAP, US GAAP to IFRS and group-reporting alignment, subject to the relevant facts and reporting requirements.
Treat GAAP conversion as a recurring reporting capability - not a one-time adjustment file.
What we help you do
Impact and policy assessment
Differences, elections, exemptions, materiality, data needs, systems and implementation priorities.
Opening and comparative information
Adjustments, calculations, reconciliations, opening balance sheet and comparative periods.
Financial statements and disclosures
Policies, primary statements, notes, transition reconciliations and review support.
Process, controls and training
Recurring calculations, close steps, ownership, templates, controls and finance-team capability.
How we work
Step 1Assess differences and reporting objectives.
Step 2Decide policies, elections and implementation approach.
Step 3Prepare adjustments, comparatives and disclosures.
Step 4Embed recurring process and support audit review.
Plan the conversion before reporting deadlines define the programme
Discuss the target framework, reporting perimeter, periods and known accounting differences.