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Companies need a global view of their financial position but internal transactions within the enterprise and financial reporting in various currencies can cloud a single comprehensive outlook on their financial state. The International Financial Reporting Standards (IFRS) and the Generally Accepted Accounting Practices (GAAP) require companies to report their global financial position in order to comply.

IFRS expects multinationals to prepare financial statements for each of the business segments of the company. Since companies execute bulk transactions for a number of their business segments, accountants face a challenging task of assigning revenues and costs to each business segment. Regulatory bodies also expect that a well-defined audit trail exists to justify the accounting policies.

Award-winning Nair & Co. brings knowledge of best practices and takes full care of these needs for your international operations. We offer an integrated one point of contact solution to better protect you and your company. By using us, you can rest assured that finance and administration support to your foreign operations is provided efficiently and you operate safely abroad. We are an independent self-sustaining service provider with no links to, or investments in us, by sensitive third-parties such as your bank!

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