IFRS and IND AS
The International Financial Reporting Standards (IFRS) are a set of accounting rules for public companies with the goal of making company financial statements consistent, transparent, and easily comparable around the world.
• Financial Report preparation in accordance with IFRS
• Consultation on IFRS related issues
• Review of IFRS financial report
• Providing IFRS financial report Audit report
Indian Accounting Standard provides principles for recognition, measurement, treatment, presentation and disclosures of accounting transactions in financial statements prepared. The primary objective of accounting standards is to harmonize the different accounting policies.
• Ind AS Impact Assessment
• Ind AS Conversion – Planning and Implementation, a compilation of financial statements under Ind AS.
• Identifying/deciding new policies/procedures required to be implemented under Ind AS.
• Accounting Manual
• Idea on Tax Implications on account of Ind AS transition.
• Advisory pertaining to complex Accounting Transactions.
• Consulting on new developments and pronouncements.