IFRS & Ind AS implementation
"IFRS has become compulsory for several companies, though not all. However Ind AS, which is the Indian converged form of IFRS is applicable to a broader range of Companies in different stages. IT is expected to make it applicable to almost all of the companies. We have a duly qualified team of Chartered Accountants having completed their Diploma from ACCA UK, who are sharpened to handle the complexities of IFRS and Ind AS implementation. IFRS/Ind AS implementation involved majorly 4 steps:
- Impact Assessment
- Planning and designing
- Realisation
- Data Conversion
Once the first step of implementation is through, a complete handholding, regarding taking it forward, is provided by us to the client and his team."