The new Companies Act, 2013 has also introduced various new - TopicsExpress

The new Companies Act, 2013 has also introduced various new provisions, including requirement to prepare Consolidated Financial Statements, which would also facilitate implementation of Ind AS converged with IFRS. I am happy to inform that we are fully prepared to meet the challenge of implementation of Ind AS converged with IFRS. We are ready with the updated Ind AS corresponding to IFRS as of this date, besides having started a nation-wide exhaustive exercise to train our members.

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