IFRS Notes | KPMG | IN

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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MCA clarifies Ind AS applicability norms for ‘payments banks and small banks’

The Ministry of Corporate Affairs (MCA) through its notification dated 16 February 2015 laid down the road map for implementation of Indian Accounting Standards (Ind AS) by companies other than banking companies, insurance companies and Non-Banking Financial Companies (corporate road map).

 
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Ind AS Transition Facilitation Group (ITFG) issues Clarifications Bulletin 11

The ITFG in its meeting considered certain issues received from the members of the Institute of Chartered Accountants of India (ICAI), and issued its Bulletin 11 on 1 August 2017 to provide clarifications on nine issues in relation to the application of Indian Accounting Standards (Ind AS).

 
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Guidance note on Ind AS Schedule III – Key clarifications

The Schedule III to the Companies Act, 2013 (2013 Act) became applicable to all companies for the preparation of financial statements for financial years beginning on or from 1 April 2014.

 
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CBDT amends the report on computation of book profits for Ind AS compliant companies

The Finance Act, 2017 (the Act) notified on 31 March 2017, has introduced a separate formula for computation of book profit for the entities that prepare financial...

 
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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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