SERVICE

Your investors read US GAAP. Your books speak Ind AS.

Targeted Ind AS / IFRS to US GAAP conversion — material differences only, restatement-grade workpapers, statutory books untouched — by a US CPA who works in both frameworks, not a translator working from a checklist.

Engagement model
Outcome-based engagement
Scope
Defined together in a scoping call
Who does the work
Founder. Every deliverable.

THE PROBLEM

Every board meeting starts with a translation exercise.

When your investors can't read your numbers in their framework, every performance conversation becomes a methodology debate. The disconnect isn't just technical — it's strategic.

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Your investors can't benchmark you. US and international investors compare every portfolio company on a consistent framework. Ind AS numbers don't slot into that comparison — so your metrics get discounted, questioned, or quietly re-derived by an analyst who doesn't know your business.

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The full-conversion quote is overkill. Large firms quote a months-long, full-statement conversion project — when for most operating companies only a handful of differences actually move the numbers: stock-based compensation, R&D capitalization, leases, revenue timing.

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The CFO defends methodology instead of discussing strategy. Board time goes to explaining why the two sets of numbers differ, rather than what the numbers say. Financials nobody fully trusts make every decision slower.

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Statutory compliance can't be put at risk. Your Ind AS books serve Indian statutory and tax requirements. Any conversion approach that disturbs them trades one problem for a worse one.

WHAT WE DO

Convert what's material. Leave the rest alone.

Most companies don't need a full conversion — they need comparability on the items that matter. The engagement starts with a materiality analysis and builds only what the analysis justifies. Scope is set together at Gate 1.

Materiality analysis. A line-by-line read of which Ind AS / IFRS to US GAAP differences actually move your numbers. For many operating companies it's two or three items; the analysis proves which ones, in writing, before conversion work begins.

Targeted US GAAP reconciliation. A bridge from your Ind AS or IFRS results to US GAAP on the material items — stock-based compensation under ASC 718, revenue under ASC 606, leases under ASC 842, R&D capitalization — with every adjustment traceable to source.

Restatement-grade workpapers. Documentation built to survive an auditor's review, not just an investor's glance — because a reconciliation you can't defend is worse than no reconciliation at all.

Statutory books preserved. Your Ind AS ledgers stay exactly as they are for Indian statutory and tax compliance. The US GAAP view is a reporting layer on top, never a rewrite underneath.

Investor reporting rhythm. A quarterly package and refresh process your team can run, so comparability is a standing capability rather than a one-time project that decays.

Full conversion when the facts demand it. If you're heading toward a US listing or a transaction that requires full statutory US GAAP financial statements, the engagement scales to a complete conversion — and connects directly to our Pre-IPO Readiness work.

WHY US

Both frameworks, one practitioner. No translation loss.

US CPA
US CPA — fluent across US GAAP, IFRS, and Ind AS
10
Years inside US-listed public companies, in the filing seat
Zero
Restatements, zero late filings, zero audit qualifications

How we work: every engagement passes the 4-Gate model — document intake, source reconciliation, independent cross-check, deliverable review — before anything reaches your auditor or your board. The founder — US CPA, US CPA, MBA from IIM Ahmedabad, and someone who has spent ten years in the SEC-reporting seat at US-listed public companies — does every workpaper personally. See the model.

QUESTIONS

Common questions about US GAAP conversion

Do we need a full conversion or a targeted reconciliation?
It depends on who consumes the numbers. If the audience is your investors and board, a targeted reconciliation on the material differences usually delivers the comparability they need — at a fraction of the effort of a full conversion. If you need full statutory US GAAP financial statements for a US listing or a transaction, that's a different scope. The materiality analysis at the start of the engagement answers this question with evidence, not opinion. Unfolding Values is not an audit firm and provides no attest services — we work on your side of the table; your statutory auditors remain unchanged.
Will this disturb our statutory Ind AS books?
No. The Ind AS ledgers remain untouched and continue to serve Indian statutory and tax compliance exactly as they do today. The US GAAP view is built as a documented reconciliation layer on top of your existing books — every adjustment traceable back to source, nothing rewritten underneath.
What does this cost, and how long does it take?
Timeline depends on how many differences are material and how clean the underlying books are — the materiality analysis settles both early. Fees are fixed to the outcome, not the hour. You see the full scope, deliverables, and fee in writing before any work begins. Because the founder does the work personally, we take a maximum of two new engagements per quarter.
You hold a full-time finance seat. What happens when your 10-Q week is my 10-Q week?
Fair question — it's the first one we'd ask. Engagements are capped at two new per quarter, and your filing calendar is mapped against existing commitments at scoping. Filing deadlines are knowable months ahead; if the peaks collide, we build the buffer into the timeline or we don't take the engagement.
START HERE

Stop translating. Start comparing.

Email rohit@unfoldingvalues.com with your company name, ticker (or "private"), and one sentence on the pain point. You'll hear back from Rohit — not a junior, not a form-response — within one business day.

Email rohit@unfoldingvalues.com