Multi-GAAP Reporting Platform | IFRS, US GAAP, Ind AS and Local GAAP

 Multi-GAAP Reporting

Multi-GAAP Reporting Platform for IFRS, US GAAP, Ind AS, and Local GAAP

Taxilla helps organizations produce consistent, audit-ready financial reporting across IFRS, US GAAP, Ind AS, and local GAAP using governed mapping, traceable adjustment layers, templatized notes, and controlled approvals. Standardize reporting across Australia, India, United States, Kingdom of Saudi Arabia, United Arab Emirates, Malaysia, and Singapore, with extensibility to additional countries and local GAAP requirements.

The Challenge

Why Multi-GAAP Reporting Breaks Without a Governed Reporting Layer

Multi-GAAP reporting is not only about producing different statements. It requires controlled mapping, traceable adjustments, and consistent disclosures so every view ties back to the same underlying numbers and evidence.

Parallel Views
Parallel Views

Maintaining IFRS, US GAAP, Ind AS, and local GAAP views often becomes separate spreadsheets and separate reconciliation cycles.

Adjustment Sprawl
Adjustment Sprawl

GAAP adjustments are tracked in emails or offline journals, making it hard to explain what changed and why.

Mapping Drift
Mapping Drift

GL mapping changes over time, leading to inconsistent reporting line items period over period.

Disclosure Effort
Disclosure Effort

Notes schedules, rollforwards, and tie-outs take too long when templates and linkages are not standardized.

Variance Surprises
Variance Surprises

Threshold breaches surface late because period-over-period movements are not monitored consistently.

Audit Pressure
Audit Pressure

Reviewers ask for traceability from reported outputs back to inputs, adjustments, and approvals.

Solution Overview

Taxilla's Multi-GAAP Reporting module creates a governed reporting layer where one standardized data foundation can produce multiple GAAP views with traceable adjustment layers, consistent mapping, and disclosure-ready outputs.

How it Works

Standardize → Map → Adjust → Validate → Disclose → Distribute

Fully Automated End-to-End Process

Standardize

Standardize

Standardize trial balance inputs across entities and ERPs into a controlled reporting structure.

Map

Map

Map GL accounts to reporting line items using governed taxonomy mapping so reporting stays consistent period over period.

Adjust

Adjust

Maintain multi-GAAP views using separate adjustment layers for IFRS, US GAAP, Ind AS, and local GAAP.

Validate

Validate

Validate movements using threshold-based checks and exception notifications for period-over-period variances.

Disclose

Disclose

Prepare templatized notes, schedules, and rollforwards aligned to each reporting view.

Distribute

Distribute

Publish outputs on monthly, quarterly, or yearly cycles with controlled approvals and distribution.

Key Benefits

Tangible Outcomes for Your Finance Teams

Single Data Foundation

Run IFRS, US GAAP, Ind AS, and local GAAP views from one governed dataset with traceable adjustments.

Traceable Adjustments

Maintain clear auditability for every GAAP adjustment with who changed what, why, and when.

Faster Notes Preparation

Use templatized notes and schedules to reduce manual rollforwards and repetitive tie-outs.

Exception-Driven Reviews

Get automated notifications when configured thresholds breach period over period, so reviewers focus on what changed materially.

Country Coverage

Support reporting needs across Australia, India, United States, Kingdom of Saudi Arabia, United Arab Emirates, Malaysia, and Singapore, with extensibility to other countries and local GAAP requirements.

Flexible Frequency

Support monthly, quarterly, and yearly reporting cycles without rebuilding reporting structures each time.

Module Capabilities

Features Deep-Dive

Multi-GAAP Reporting Views

Multi-GAAP Reporting Views

  • IFRS reporting view with governed mappings and adjustments
  • US GAAP reporting view with traceable adjustment layer
  • Ind AS reporting view aligned to local requirements
  • Local GAAP alignment for statutory needs across countries, extensible for new jurisdictions
Adjustment Layers and Reconciliation

Adjustment Layers and Reconciliation

  • Separate adjustment layers by reporting basis so changes remain explainable
  • Traceable postings for GAAP adjustments with maker-checker approvals
Governed Mapping and Reporting Taxonomy

Governed Mapping and Reporting Taxonomy

  • Governed mapping of GL accounts to reporting line items for consistent reporting structures
  • Version control for mapping changes across periods
  • Controls for unmapped accounts, conflicting mappings, and mapping exceptions
Templatized Notes and Schedules

Templatized Notes and Schedules

  • Templatized notes for faster preparation and consistency across reporting bases
  • Rollforwards and schedules that stay tied to the underlying mapped financial data
  • Standardized tie-outs to reduce manual reconciliation effort
Threshold-Based Exceptions and Notifications

Threshold-Based Exceptions and Notifications

  • Period-over-period thresholds by account, reporting line, entity, or note schedule
  • Automated notifications for material movements and unusual variances
  • Reviewer views focused on exceptions, not full report rework
Reporting Calendar and Distribution

Reporting Calendar and Distribution

  • Monthly, quarterly, and yearly reporting cycles supported in the same operating model
  • Controlled review, approvals, and period locks with full audit trail
  • Scheduled distribution and stakeholder notifications
Technology Advantage

Taxilla is designed to make multi-GAAP reporting repeatable and auditable, without running disconnected reporting cycles.

  • Parallel reporting model

    Parallel reporting model

    Parallel reporting model with traceable GAAP adjustment layers.

  • Governed mapping

    Governed mapping

    so GL to reporting alignment stays consistent period over period.

  • Disclosure-ready outputs

    Disclosure-ready outputs

    Disclosure-ready outputs with templatized notes and controlled tie-outs.

  • Audit-ready governance

    Audit-ready governance

    Audit-ready governance with approvals, evidence capture, and period locks.

TechnologyAdvantage
Integrations

Seamless Integration Across Your Ecosystem

Taxilla fits into existing finance landscapes without forcing ERP replacement:

ERP/AP/AR

ERP/AP
Industry Use cases

Trusted By Global Shared Services

Multi-country Groups

Run local statutory views and group reporting views without rebuilding reporting logic for each country.

Regulated and Audit-Intensive Organizations

Improve explainability of GAAP adjustments, approvals, and evidence trails for audit and assurance readiness.

Acquisition-Driven Organizations

Onboard new entities quickly with governed mapping and adjustment layers, maintaining consistency across reporting bases.

Shared Services Models

Standardize reporting calendars, templates, and exception management across entities and reporting frequencies.

Pricing & Plans

Transparent Pricing for Every Stage of Growth

Pricing typically varies by number of entities, number of reporting bases, reporting frequency, template complexity, and integration scope.

FAQ's

Frequently Asked Questions

What is Multi-GAAP reporting?
Multi-GAAP reporting is the ability to report financial statements under more than one accounting standard, typically combining local GAAP reporting with IFRS or another reporting basis, using traceable GAAP adjustments.
Which reporting standards are supported?
Taxilla supports IFRS, US GAAP, Ind AS, and local GAAP alignment, with extensibility for additional countries and reporting needs.
How do templatized notes help?
Templates reduce repetitive manual work by standardizing note structures, rollforwards, and tie-outs across periods and reporting bases.
What are threshold-based exception notifications?
They notify reviewers when configured period-over-period movements exceed thresholds, by account, line item, entity, or note schedule, so reviews focus on material changes.
Can we run monthly, quarterly, and yearly reporting?
Yes. The same governance model supports monthly, quarterly, and yearly cycles with controlled approvals and audit trail.

Make Multi-GAAP reporting repeatable, explainable, and audit-ready.

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