Rahul Gupta

Executive summary

Rahul is a Partner in the National Office of Grant Thornton LLP. Rahul assists engagement teams and clients with technical accounting issues and monitors current accounting developments, under both U.S. GAAP and IFRS. Rahul has a significant experience in dealing with complex issues in various accounting topics including financial liability versus equity classification, accounting for complex financing arrangements, accounting for derivative instruments, fair value measurements, accounting for investments in debt and equity investments, transfers and servicing of financial assets, consolidations, lease accounting, business combinations, share-based payments and accounting aspects of digital assets (including crypto currency).

Rahul is also involved in developing firm’s thought leadership on accounting issues, including liaising with Financial Accounting Standards Board (FASB), International Accounting Standards Board (IASB), AICPA and Securities and Exchange Commission. Rahul is currently serving as chair of AICPA’s Financial Reporting Executive Committee (FinREC), which is a senior committee of the Institute for financial reporting and also serves on AICPA’s Digital Assets Working Group.

Rahul was a practice fellow at FASB from August 2011 through January 2016, where he provided technical depth and practical insight to assist the FASB in improving U.S. GAAP. Prior to joining the FASB, he was a senior manager in the firm’s National Office, where he assisted engagement teams and firm’s clients with technical accounting issues. Prior to joining the National Office, Rahul worked in the firm’s Dallas audit practice. Rahul started his career working in the audit practice of Grant Thornton International’s Indian member firm in New Delhi focusing on clients’ that reported under U.S. GAAP.

Professional qualifications and memberships

• Certified Public Accountant–Illinois
• Chartered Accountant–India
• American Institute of Certified Public Accountants

Education

• Rahul holds a Bachelor of Commerce degree from Agra University, India, and a Post Graduate Diploma in Information System Audit from The Institute of Chartered Accountants of India.