In case an Indian Pvt. Ltd. Co. (Holding Co.) has a WOS in Singapore (Subsidiary Co.), does the Indian Co. need to follow IFRS accounting standard, for being in lines with the Subsidairyco.
Menu
Ifrs applicability
Replies (2)
holding co. is incorporated in India, therefore it has to follow accounting standard notified by central govt.
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.
Read more:https://henryharvin.com/course/10/ifrs-course
Contact person: Kounal
Contact no:9899992012
Email id: kounal @ henryharvin.com
Recent Topics :
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
Related Topics :
CAclubindia
