With the new IND AS regulations, transitioning to IND AS can seem daunting – the standards are unfamiliar, and execution can be time-consuming. The transition is going to impact in both ways- qualitatively and quantitatively.
Indian entities of foreign corporates, all listed entities and Indian corporates above a specific net worth criteria require reporting as per International Financial Reporting Standards (IFRS) or New Indian Accounting Standards (Ind – AS).
We carry out extensive reviews, diagnostic and advisory services to ensure that the requirements under IFRS/Ind – AS are met and effectively implemented.
■ IND AS Conversion – Planning and Implementation.
■ Assistance in Conversion to the new IND AS standards – Reconciliation Statements.
■ Initial IND AS Impact Assessment – Highlight the key areas that will be impacted in your organization.
■ Tax Implications of IND AS transition.
■ Training your team on key IND AS requirements.