Ind AS have been mandated in India in 2016-17 onwards for companies in a phased manner. These are aligned with IFRS standards and as the IFRS changes, IND AS also gets modified. Ind AS are going to be mandatory from 2019 to Banking and NBFC sector and most probably by 2020 to Insurance sector as well. In attune with IFRS standards , MCA also changes the IND AS standards on a very frequent basis . This training in aligned with IFRS changes and new area’s where important changes are expected . We shall also be covering area’s where Frauds are expected to be done in the Ind AS area.
2. Revisions /amendments in certain standards :
1 | IND-AS 21 | The Effects of Changes in Foreign Exchange Rates |
2 | IND-AS 28 | Investments in Associates and Joint Ventures |
3 | IND-AS 40 | Investment Property |
4 | IND-AS 112 | Disclosure of Interests in Other Entities |
5 | IND-AS 12 | Income Taxes |
3. Practical implementations / case studies in relation to various aspects of IFRS and Ind AS
Package | Delegate | Standard Rate |
---|---|---|
Hard copy, Soft Copy of Training Presentation, Breakfast, Lunch, Evening Refreshments, Certificate of Merit Attendance | Indian Companies | 15000 INR tax per delegate (10% Disc for group of 3 delegate)** |
*Additional GST of 18% is applicable.