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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Ind AS Transition Facilitation Group (ITFG) issues Clarifications Bulletin 7

The ITFG held its seventh meeting and issued its clarifications bulletin (Bulletin 7) on 31 March 2017 to provide clarifications on nine issues in relation to the application of Indian Accounting Standards (Ind AS), as considered in its meeting.

 
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MCA issues amendments to Ind AS 102 and Ind AS 7

The Ministry of Corporate Affairs (MCA), through its notification dated 16 February 2015, issued the Indian Accounting Standards (Ind AS), which are converged with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB).

 
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Amendment to the Finance Bill, 2017: Proposal for MAT-Ind AS compliant companies

The Finance Bill, 2017 (the Bill) dated 1 February 2017 included proposals on ‘computation of book profit for Ind AS compliant companies for the purpose of levy of Minimum

 
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ICAI issues exposure draft of Schedule III for NBFCs as per Ind AS

On 6 February 2017, the Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India (ICAI) issued the Exposure Draft (ED) of the Ind AS compliant

 
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Voice on Reporting

KPMG in India is pleased to present Voices on Reporting – a monthly series

 
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Accounting and Auditing Update

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

 
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First Notes

First Notes is our ‘hot, off the press’ update that aims to provide a very timely heads

 
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