FAQs
International Financial Reporting Standards (IFRS) are designed by IASB (International Accounting Standards Board) as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. They are a consequence of growing international shareholding and trade and are particularly important for companies that have dealings in several countries. They are progressively replacing the many different national accounting standards. The rules to be followed by accountants to maintain books of accounts which is comparable, understandable, reliable and relevant as per the users internal or external. Currently it is used by more than 110 countries.
Indian Accounting Standards (abbreviated as Ind AS) are a set of accounting standards notified by the Ministry of Corporate Affairs which are converged with International Financial Reporting Standards (IFRS). These accounting standards are formulated by Accounting Standards Board of Institute of Chartered Accountants of India. Till date 39 new Ind ASs are notified my MCA, which is applicable to India Inc from 1st April, 2015. Based on the international consensus, the regulators will separately notify the date of implementation of Ind AS for the banks, insurance companies etc.
It is quite easy. All you have to do is fill up the online registration form or get in touch with us by sending an email on [email protected] or call us on + 91 99033 90576. One of our representatives will get in touch with you and give you necessary instruction and guidance.
All users and preparers of financial statements. Anybody who is in accounting and finance profession and wants to keep abreast of all latest changes and developments in the new global accounting and finance language ie, IFRS. Professors and students can also apply.
Yes, we do provide coaching for ACCA Diploma in IFRS program. For more information regarding this program, kindly reach us at [email protected] or call us at + 91 99033 90576. One of our representatives will be happy to assist you.
We can definitely tailor/customise this course to your specific requirements. We believe that different users have different needs. If you would like to discuss more or bring this course in-house, kindly contact us .
Yes, we offer free consultation and assistance for 6 months after the program. The more questions we receive, the more we learn. We encourage you to post as much questions as you like.
Our preferred method of payment is by Bank Transfer (‘Wire’). We also accept Cheque, Demand Draft and Cash. Once we receive a confirmation or approval by you or your organisation, we will provide you with our bank details and other necessary information.