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Ifrs is finally in india

Rohit (CA-Final) (1485 Points)

24 February 2014

130 Countries have already moved to IFRS.
India will began to adopt IFRS from FY15.
ICAI has asked for speedy implementation of these standards.

ICAI Road Map

Companies with turnover above Rs.1000 Crore and above to adopt IFRS by April 1, 2015.
Companies with turnover between Rs.500 Crore and Rs. 1000 Crore to adopt IFRS by April 1, 2016.

Why IFRS in India

Several Indian Companies having businesses abroad prepare accounts using IFRS. IFRS seeks to have one comparable reporting standard the world over.

Source: https://www.facebook.com/caconnect.in/photos/a.246086222209500.1073741828.245306968954092/281919455292843/?type=1&stream_ref=10

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Ruchi (Chartered Accountant) (13 Points)
Replied 02 July 2016

IFRS Course

Our international financial reporting standards (IFRS) course is designed around the syllabus of the The Association of Chartered Certified Accountants (ACCA) Diploma in IFRS. We will take participants through all the topics covered in the syllabus and help them prepare for the diploma In IFRS examination conducted by the ACCA.

ACCA’s Diploma in IFRS is one of the most respectable and appreciated qualification in IFRS across the globe. The course is designed to develop your knowledge and understanding of IFRS. You will learn how to apply them, as well as the concepts and principles which underpin them, and their application in India and the international marketplace.

India has decided to converge with IFRS, and has issued its own IFRS equivalent accounting standards, referred to as Ind-AS. It has, thus, become critical for finance professionals to understand accounting standards in the Ind-AS framework and the related practical application issues. Accordingly, while covering different IFRS for preparing you to sit for ACCA’s Diploma in IFRS program, we will also cover important differences between IFRS and corresponding IND-AS in every module.

Contact: Kounal

Contact no: 9899992012

Email id: kounal @ henryharvin.com

Link- https://henryharvin.com/course/10/ifrs-course