Hospitality (Owns and manages luxury hotels in India)
One of the largest luxury hospitality companies, with 3,382 keys across 12 operational hotels.
The business situation
The Company needed support in filings with SEBI to prepare for a public listing through a fresh issue of shares and an offer for sale. During this process, the Company required assistance with key financial reporting matters, disclosures arising from the restructuring transactions, and coordination with multiple stakeholders to ensure timely execution.
Our team’s role
Ind AS Financial Review
Reviewing Ind AS financial information and providing need-based technical accounting support
Restated Financials Review
Reviewing management-prepared Ind AS-compliant financial statements for the standalone and consolidated entity
Complex Accounting Advisory
Reviewing restated financial statements of the Group and providing accounting assistance on complex financial instruments
Acquisition Control Assessment
Providing technical accounting support on business combinations and group reorganizations, and assessing control over new acquisitions
The value our team added
Compliance with the Ind AS framework and SEBI ICDR
Accurate financial reporting reflecting the company’s actual financial position and performance
Appropriate accounting and reporting of complex transactions
Audit support to respond to the auditor’s queries
Get Ind AS Right the First Time
From Complex Transactions to Restated Financials—Expert Support Across the Accounting Lifecycle