IND-AS conversion
OUR SERVICES:
Audit and Assurance
Tax and Regulatory
Business Advisory
Ind-AS is now applicable as of the 2016–17 fiscal year. IPP is specialized in assisting corporations with a seamless transition to this new statutory provision.
It has become necessary to get ready for Ind AS implementation since compliance with Ind AS is a requirement for certain organizations operating in India. Before implementing Ind AS into their information data, training their personnel, and ensuring that all corporate managers are aware of the new accounting standards, organizations should first establish an overview of how the new requirements will replace the current ones.
What do we offer?
- Creating accounting policies that are compliant with IND AS.
- Opening Balance-sheet Comparison.
- Information comprising of IND AS deployment.
- Personnel education regarding accounting and presentation in accordance with IND AS.
- IND AS implementation in the accounting records.
- Processing of cash flows in accordance with IND AS advice and consultation regarding a specific IND AS.