IFRS, UK GAAP and US GAAP Advisory

At FinAudit CPA, we provide more than just compliance—we provide confidence. By blending global credentials with deep industry specialization, our team of California-registered CPAs and UK-registered ACCAs ensures that your financial reporting meets the highest U.S. GAAP and IFRS standards. We distinguish our advisory services through a commitment to rigorous ethical standards and advanced data security, utilizing encrypted portals and IT audit expertise to protect your most sensitive information. Whether you are in SaaS, manufacturing, or finance, we deliver actionable insights and ongoing support that transform a standard audit into a strategic advantage for your business.

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IFRS, UK GAAP and US GAAP Advisory

Applying new or existing IFRS, FRS (UK GAAP) or US GAAP standards
Accounting for specific complex transactions, events and structures
Remediation projects and resolving GAAP application issues
Reporting improvements and simplification
Assessing which GAAP to apply at Group and Subsidiary levels

GAAP conversions

All aspects of GAAP conversion project (UK GAAP to IFRS, IFRS to US GAAP, FRS/IFRS to US GAAP)
Preparing conversion impact assessments
Delivering end-to-end conversion projects
Providing your clients with focused support where needed on their GAAP conversion project
Assessing approach to and implementing new GAAP in subsidiaries

ASC 842/ IFRS 16 Leases

Implementing IFRS 16 for major complex companies, listed groups, leading retailers, and global groups
Implementing IFRS 16, The Code and FREM for the Public Sector
Advising on complex application issues and performing technical analysis of structures and agreements including writing accounting memos
Data validation and completeness testing including in depth embedded leases analysis
Disclosures advice and support
Vendor selection and support in Implementing software

Identification and measurement of the bargain purchase or goodwill and the required treatment.

Statutory Accounts Preparation Service

Drafting US GAAP, IFRS, FRS 101, FRS 102 and Companies Act compliant financial statements from client’s trial balances
Use of specialist accounts production software
Supporting clients through the financial statements audit process

Financial Instruments

Applying the complexities of IFRS 9, Financial Instruments, to a wide range of financial products, instruments and structures
Determining appropriate classification and measurement
Modelling expected credit losses
Advising clients on hedging structures, hedge accounting and related treasury matters

Our Process – Delivering Clarity at Every Step

Process 1 - Initial Consultation & Engagement
Agree on engagement objectives, reporting framework (GAAP/IFRS), and overall scope with management.

Process 2 - Document Request & Planning
Prepare a tailored checklist (e.g., trial balance, ledgers, bank and tax records) and develop a project plan for timelines and responsibilities.

Process 3 - Risk Assessment & Analysis
Identify high-risk areas, set materiality, and design targeted procedures or inquiries based on your unique environment.

Why Choose FinAudit CPA forUS GAAP & IFRS advisory

Our team blends global credentials, cybersecurity expertise, and industry specialisation to give you more than compliance audit assurance—we provide confidence.

Global Credentials

California-registered CPAs, UK-registered ACCAs, and

certified accountants ensure your reports are prepared

and reviewed in accordance with applicable accounting

standards such as U.S. GAAP and IFRS.

Industry Specialization

We go beyond financials—our CISA-certified

professionals assess IT systems, internal controls,

and cybersecurity risks to protect your business and

inform audit procedures.

Industry Specialization

From technology and SaaS to manufacturing and

finance, we tailor our engagements with sector-specific

expertise and practical insight.

Independent & Ethical Engagements

We follow professional ethics and independence rules.

Note: Independence is required for attest engagements

(audits and reviews); for compilations and preparation

engagements, independence is generally not required

under SSARS. Even for CPA compilation or audit review

and compilation services, we maintain professional ethics

across all work.

Data Confidentiality & Security

Using encrypted portals and secure evidence collection,

we safeguard your sensitive data and comply with global

privacy requirements (GDPR, CCPA). Our IT audit

expertise further strengthens the integrity of evidence.

Actionable Reports & Ongoing Support

We deliver clear recommendations, help implement

control improvements, and provide follow-up advisory

services after the engagement.

Your Journey to Certification

Dedication. Expertise. Passion.

Explore moments from our past corporate events, industry conferences, and team gatherings, showcasing our vibrant culture and commitment to community.

Start Your Journey

Intelligence Gathering

We analyze the network’s architecture, functionality, and security to understand its operations and potential risks.

Threat Modeling

Using gathered data, we plan the network’s security strategy and highlight possible vulnerabilities to the client.

Vulnerability Assessment

We perform automated and manual checks with various tools to identify and document all security weaknesses.

Penetration testing

We simulate attacks using advanced tools and scripts to test the network’s defense and uncover potential breaches.

Certification & Beyond

Guidance on maintaining compliance and managing ongoing certification

IFRS, UK GAAP and US GAAP Advisory

IFRS, UK GAAP and US GAAP Advisory ​

Applying new or existing IFRS, FRS (UK GAAP) or US GAAP standards

Accounting for specific complex transactions, events and structures

Remediation projects and resolving GAAP application issues

Reporting improvements and simplification

Assessing which GAAP to apply at Group and Subsidiary levels

GAAP conversions ​

All aspects of GAAP conversion project (UK GAAP to IFRS, IFRS to US GAAP, FRS/IFRS to US GAAP)

Preparing conversion impact assessments

Delivering end-to-end conversion projects

Providing your clients with focused support where needed on their GAAP conversion project

Assessing approach to and implementing new GAAP in subsidiaries

ASC 842/ IFRS 16 Leases ​

Implementing IFRS 16 for major complex companies, listed groups, leading retailers, and global groups

Implementing IFRS 16, The Code and FREM for the Public Sector

Advising on complex application issues and performing technical analysis of structures and agreements including writing accounting memos

Data validation and completeness testing including in depth embedded leases analysis

Disclosures advice and support

Vendor selection and support in Implementing software

Identification and measurement of the bargain purchase or goodwill and the required treatment.

Statutory Accounts Preparation Service ​

Drafting US GAAP, IFRS, FRS 101, FRS 102 and Companies Act compliant financial statements from client’s trial balances

Use of specialist accounts production software

Supporting clients through the financial statements audit process

​

Financial Instruments ​

Applying the complexities of IFRS 9, Financial Instruments, to a wide range of financial products, instruments and structures

Determining appropriate classification and measurement

Modelling expected credit losses

Advising clients on hedging structures, hedge accounting and related treasury matters

Why Choose FinAudit CPA forUS GAAP & IFRS advisory

Our team blends global credentials, cybersecurity expertise, and industry specialisation to give you more than compliance audit assurance—we provide confidence.

Your Journey to Certification

IFRS, UK GAAP and US GAAP Advisory

GAAP conversions

ASC 842/ IFRS 16 Leases

Statutory Accounts Preparation Service

Financial Instruments