Accounting

Ind AS 115 Revenue from Contracts with Customers

Ind AS 115 Revenue from Contracts with Customers [seminarRegisterBtn] Description Target Audience How to Register Description One Day Programme Implication of Ind AS 115 Revenue from Contracts with Customers Background & Objectives: Application of IND AS has become mandatory for all the listed companies (except SME Listed), having net worth more than INR 250 Crore or more and their holding, associates, and joint venture companies w.e.f. 1st April 2017. In continuance of the convergence process on 28th March 2018 MCA has notified…

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GST Audits and Annual Return

GST Audits & Annual Return [seminarRegisterBtn] Description Target Audience How To Register Description As per provisions of section 35 of CGST Act, 2017, GST audit is mandatory for all assessees having turnover of more than Rs. 2 crores. The annual return along with GST audit report needs to be filed before 31st Dec 2018 for the year 2017-18. The annual return & audit reports formats have recently been notified by the Government. The preparation of annual return will require compiling accurate data from various sources (i.e. GSTR 1, GSTR 3B or…

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International Financial Reporting Standards (IFRS)

International Financial Reporting Standards (IFRS) [seminarRegisterBtn] Description How to Register Description IFRS Update Course / Training / Seminar IFRSs as global accounting standards have undergone major changes in recent times. Consolidation principles , fair value measurement , stripping costs in mining industry and application of equity method accounting to interest in joint ventures are major changes since Ind-ASs are developed in India in the IFRS convergence process. Other developments in IFRSs are macro-hedging , insurance contracts , acquisition of interest…

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Companies Act with latest amendments

Companies Act with Latest Amendments [seminarRegisterBtn] Description How to Register Description The enactment of the Companies Act, 2013 was one of the most significant legal reforms in India, aimed at bringing Indian companies’ law in line with global standards. The Act introduced significant changes in the companies’ law in India, especially in relation to accountability, disclosures, investor protection and corporate governance. The Amendments addresses difficulties in implementation, facilitates ease of doing business, helps achieving better harmonisation with other statutes such…

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Ind AS – Indian Accounting Standards

Indian Accounting Standards Description How to Register Description FIRST TIME ADOPTION OF INDIAN ACCOUNTING STANDARDS IFRS convergence in India has been triggered by the notification of the Indian Accounting Standards on 16th February, 2015. The notification shall come into effective on and from 1st April, 2015. Timeline for Ind AS implementation is 2016-17 & 2017-18. However, interested companies may adopt Ind AS voluntarily for the financial year 2015-16. Ind ASs capture latest versions of IFRSs including IFRS 9 Financial Instruments (Ind AS 109) ,…

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