Services
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Accounting
More than 100 countries accept or are scheduled to accept the International Financial Accounting Standards Board (IFRS) as the universal language of accounting. In the U.S., the Securities and Exchange Commission is deliberating on either giving U.S. companies the option of switching from the U.S. Generally Accepted Accounting Principles (GAAP) to IFRS.
Tax
When overseas, companies are challenged by changing tax laws, compliance practices, and penalties as foreign governments seek to maximize their tax revenues from international trade. Companies need to counter by developing robust backup to justify regulatory filings and internal procedures. Nair & Co. offers the best practices that guide companies towards tax compliance.
