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Query

Sneha (Utmani) Tilwani (Audit/acounts/taxation head) (93 Points)

16 May 2012

hello respected members and friends,

I Need to know that how much is Studying IFRS useful for CA 's in practice and is a small firm. Plz give your comments

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3 Replies

CSAnkita Arora (Company Secretary) (65 Points)
Replied 17 May 2012

Hello Sneha!

IFRS is useful for all CA, CWA & also CS no matter whether you are in practice or in employment. In coming futhure it is applicable to most of the companies.

I have enclosed the file go through with it & check the applicability.

Attached File : 523824 980979 ifrs.doc downloaded: 146 times

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Sneha (Utmani) Tilwani (Audit/acounts/taxation head) (93 Points)
Replied 17 May 2012

Thank you Ankita Madam! but it looks like only listed companies would follow IFRS, if CA firm doesn't have any Listed client then IFRS is of no use? m worried as i have interest in the subject but have no direction to move forward. I cant work in corporate(employee) but wish to serve corporates as a consultant.. wat should i do?

CSAnkita Arora (Company Secretary) (65 Points)
Replied 18 May 2012

I am a CS but interested to get the knowledge about IFRS, because it is new thing no matter whether it is useful to me or not. If you want to provide professional services to corporates then also it is good to have knowledge of it.