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GAAP Convergence

GAAP Convergence

GAAP Convergence – Accurate, Aligned, and Audit-Ready

TANSON supports your finance function with deep expertise in GAAP Convergence, helping you meet regulatory requirements with confidence. From technical accounting and policy alignment to audit preparation and financial reporting, we ensure every element of your operations reflects US GAAP standards. Our tools and processes streamline documentation, improve accuracy, and support transparent, audit-ready financial statements—empowering your team to manage complexity and scale with compliance at the core.

  • Consistency and Standardization
  • Accrual-Based Accounting
  • Full Disclosure Principle
  • Conservatism Principle

Our Core Competencies in
GAAP Convergence

Technical Accounting

Develop and apply US GAAP-compliant accounting policies tailored to your business model, including revenue recognition, lease accounting.

Financial Statement Preparation

Ensure the accuracy and completeness of financial statements with structured processes for balance sheet, income statement, and cash flow reporting.

Audit Preparedness & Support

Maintain clear documentation and audit trails to support external reviews. Address auditor inquiries efficiently with organized data and reconciliations.

Internal Controls

Strengthen financial governance with internal control frameworks that support compliance, risk mitigation, and process consistency.

Our Process

01
Standards Assessment & Gap Analysis
Review existing accounting policies and procedures to identify gaps against current US GAAP requirements. Establish a roadmap to address key compliance areas.
02
Policy Development & Implementation
Create customized policies aligned with US GAAP, and implement consistent accounting treatments across all business units and entities.
03
Reporting & Disclosure Management
Prepare accurate and timely financial reports, including required disclosures. Ensure data integrity and alignment with reporting standards.
04
Audit Readiness & Continuous Monitoring
Stay prepared for audits with real-time tracking of compliance, well-documented support files, and proactive updates as standards evolve.

GAAP Convergence

Benefits of GAAP Convergence

Accurate Financial Reporting

Produce clear, consistent financial statements that build trust with investors, lenders, and stakeholders.

Regulatory Alignment

Meet US regulatory expectations with up-to-date, properly implemented accounting standards.

Reduced Audit Risk

Minimize the risk of audit findings and restatements with clean documentation and well-maintained controls.

Scalable Compliance Framework

Support growth and cross-border operations with scalable, policy-driven compliance structures.

Strong Financial Governance

Establish credibility and resilience through strong internal controls and disciplined financial processes.

More Services At TANSON

Your financial goals aren’t one-size-fits-all — and neither are our solutions. Whether you’re here for Flex Resourcing, GAAP Convergence or Intelligent Automation, we offer a comprehensive suite of financial services built to grow with you. Click the icons to explore our other services.

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