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 Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
