Scope of ifrs profile

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 January 2015 Hi..I am currently working in RBS in accounting profile.I just got an opportunity in a small Belgium based company as a IFRS business analyst.Is it a correct decision to leave a big brand for IFRS profile?

Querist : Anonymous

Querist : Anonymous (Querist)

24 January 2015 Need some expert advice on this.

CA Anjana Grover

CA Anjana Grover (Expert)
Follow

24 January 2015 The scope of IFRS is Good/immense in upcoming future as the ICAI has submitted Road Map of Implementation of IFRS on Indian Co's to the Ministry of Corporate Affairs for its consideration which is expected to take decision in the matter shortly.

But the above implementation would be on select cos initially

In March 2014, the Institute of Chartered Accountants of India (ICAI) submitted to Ministry of Corporate Affairs (MCA) a proposed new IFRS roadmap and convergence plan for India. In the proposed roadmap, the ICAI recommended implementation of Ind AS by select companies only in preparation of their consolidated financial statements.

And also 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.

For more information u can go through the follwing Link also
https://www.icai/new_post.html?post_id=10491
https://www.pwc.in/services/ifrs/ifrs-in-india_roadmap.jhtml

CA Anjana Grover

CA Anjana Grover (Expert)
Follow

24 January 2015 Decision Regarding leaving must be taken after taking into account the future permutations & combinations.

So make some more analysis of market & take a wise decision which is in the best interest of You.

All the best

Regards

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Shubham Jain

Sivanath VV

Raviraj ponkshe

SANJAY GAIROLA

Aayesha mulani

Subscribe Now

Scope of ifrs profile

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA