IFRS Notes

IFRS Notes

IFRS Notes aims to provide an update on key developments related to Ind AS and IFRS implementation in India.

IFRS Notes aims to provide an update on key developments related to Ind AS and IFRS

IFRS Notes aims to provide an update on key developments related to Ind AS and IFRS implementation in India.

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Global Lease Accounting Survey - Lease Accounting is here: Are you ready?

The new standards on leases, International Financial Reporting Standard (IFRS) 16, Leases and Accounting Standard Codification (ASC), 842, Leases are applicable from 1 January 2019.

MCA issued Ind AS presentation format (Schedule III) for NBFCs

On 11 October 2018, the Ministry of Corporate Affairs (MCA) through its notification has amended Schedule III to the Companies Act, 2013 (2013 Act).

ITFG clarifications’ bulletin 17

The Ind AS Technical Facilitation Group (ITFG) of the Institute of Chartered Accountants of India (ICAI) issued its ITFG clarifications’ bulletin 17 on 19 December 2018. It provides clarifications on the 11 issues relating to various Ind AS.

Clarification on applicability date of formats for financial results 7 December 2018

Clarification on applicability date of formats for financial results and intimation of reasons for delay in submission of financial results
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Accounting and Auditing Update

The Accounting and Auditing Update, a monthly publication by KPMG in India aims