1、Accounting in theage of fintech:Aguide for Indianfinancial innovatorsUnpacking financialreporting challenges inIndias fintech sectorApril 2025Accounting in the age of fintech2The Indian fintech landscape has emerged as one of the most dynamic and innovative sectorsin the global financial ecosystem.F

2、ueledby rapid technological advancements,regulatorysupport,and a burgeoning digital user base,Indian fintech companies are revolutionizing howfinancial services are delivered and consumed.From digital payments and peer-to-peerlending to broking and wealth management,these companies are addressing th

3、e diverseneeds of consumers and businesses alike,driving financial inclusion and economic growth.As this sector expands,it faces a unique set of challenges,including evolving regulatoryframeworks and the need for robust risk management.Understanding the key accountingconsiderations is crucial for th

4、ese companies to ensure transparency,compliance,andsustainability.Purpose of this publicationThe Indian fintech landscape has rapidly transformed,particularly in the lending sector,where technology-driven solutions are reshaping traditional practices.With an increasingnumber of startups entering the

5、 market,the need for a thorough evaluation of accountingconsiderations and their impact has become even more crucial.This publication explores thecritical accounting considerationsunder Indian Accounting Standards(Ind AS)that fintechcompanies in the lending sector must address,ensuring compliance an

6、d sustainable growth ina competitive environment.The publication is divided into the following sections:Section 1:Key accounting considerationsSection 2:Key considerations for financial reporting and complianceHope you all find the publication useful.Happy reading!Adarsh RankaFinancial Accounting Ad