Scope of ifrs profile
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 January 2015
Hi..I am currently working in RBS in accounting profile.I just got an opportunity in a small Belgium based company as a IFRS business analyst.Is it a correct decision to leave a big brand for IFRS profile?
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 January 2015
Need some expert advice on this.
24 January 2015
The scope of IFRS is Good/immense in upcoming future as the ICAI has submitted Road Map of Implementation of IFRS on Indian Co's to the Ministry of Corporate Affairs for its consideration which is expected to take decision in the matter shortly.
But the above implementation would be on select cos initially
In March 2014, the Institute of Chartered Accountants of India (ICAI) submitted to Ministry of Corporate Affairs (MCA) a proposed new IFRS roadmap and convergence plan for India. In the proposed roadmap, the ICAI recommended implementation of Ind AS by select companies only in preparation of their consolidated financial statements.
And also In July 2014, the Finance Minister in his Budget speech proposed the adoption of the new Indian Accounting Standards (Ind AS – the converged IFRS standards) by Indian companies voluntarily from FY 2015-16 and mandatory from FY 2016-17.
For more information u can go through the follwing Link also
http://www.icai/new_post.html?post_id=10491
http://www.pwc.in/services/ifrs/ifrs-in-india_roadmap.jhtml
But the above implementation would be on select cos initially
In March 2014, the Institute of Chartered Accountants of India (ICAI) submitted to Ministry of Corporate Affairs (MCA) a proposed new IFRS roadmap and convergence plan for India. In the proposed roadmap, the ICAI recommended implementation of Ind AS by select companies only in preparation of their consolidated financial statements.
And also In July 2014, the Finance Minister in his Budget speech proposed the adoption of the new Indian Accounting Standards (Ind AS – the converged IFRS standards) by Indian companies voluntarily from FY 2015-16 and mandatory from FY 2016-17.
For more information u can go through the follwing Link also
http://www.icai/new_post.html?post_id=10491
http://www.pwc.in/services/ifrs/ifrs-in-india_roadmap.jhtml
24 January 2015
Decision Regarding leaving must be taken after taking into account the future permutations & combinations.
So make some more analysis of market & take a wise decision which is in the best interest of You.
All the best
Regards
So make some more analysis of market & take a wise decision which is in the best interest of You.
All the best
Regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Filing of Form 10BB instead of Filing Form 10B
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Ineligible ITC claimed
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
