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IFRS Implementation Masterclass - A Journey towards the Global Practice
Indian GAAP’s convergence with IFRS has gained momentum in the recent years. The International Financial Reporting Standards (IFRS) issued by International Accounting Standards Board (IASB) is a by far more accountable and widely used accounting standard all throughout the globe. Conversion is much more than a technical accounting issue. IFRS in India may significantly affect a company’s day-to-day operations and may even impact the reported profitability of the business itself.
In July 2014, the Finance Minister in his Budget speech proposed the adoption of the new Indian Accounting Standards (Ind AS – the converged IFRS standards) by Indian companies voluntarily from FY 2015-16 and mandatory from FY 2016-17.
Astrazure’s one day workshop IFRS (IND-AS) Masterclass is designed to enhance the knowledge on the recent changes in IFRS and it’s implementation roadmap and challenges in India. Also it will throw key insights on the differences between IFRS and Indian GAAP and the impact points on companies during conversion.
IFRS – Implementation Roadmap in India
Session 2: First Time Adoption of Ind AS (IFRS) in India- Requirements & Way Forward
Session 3: Key differences between IFRS and Indian GAAP
Session 4: Where and How will IFRS impact Indian Companies
Archana Bhutani - Partner, B S R & Company
Member, Accounting Standards Board
Fore more details and information, please contact the below mentioned: