
	Home About Us About Our Organisation Our Leadership Services Audit, Assurance & Risk Advisory Services Direct Tax Advisory, Compliance & Litigation Support GST & Indirect Tax Advisory, Compliance & Litigation Accounting, Bookkeeping & Financial Reporting Services Business Incorporation & Regulatory Compliances Accounting Outsourcing & Global Finance Support Services Startup Advisory, Structuring & Growth Support IPO & Capital Markets Advisory NRI Taxation, Investment & Property Advisory Services Personal Wealth Management Fundraising Support & Advisory Corporate Finance, M&A & Transaction Advisory International Tax & Cross-Border Business Advisory Virtual CFO & Strategic Finance IND AS/ IFRS implementation advisory Whats new Knowledge Bank Calculators GST MRP Calculator GST Rate Calculator GST Calculator Tax Calculator TDS Calculator Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Income Tax 2025 Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 CGST Tax Act, 2017 UTGST Act, 2017 GST (Compensation to States) Act Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms Accounts and Records GST Forms Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Query Careers Admin Login Email Login Time Sheet Contact Us

IND AS / IFRS Implementation Advisory

Overview

The adoption of global accounting frameworks such as Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFRS) has significantly transformed financial reporting practices. Organizations transitioning to these frameworks must address complex technical requirements related to financial instruments, revenue recognition, leases, consolidation, and fair value measurement.

At A S Poddar & Associates, we assist organizations in successfully transitioning from traditional accounting frameworks to Ind AS or IFRS-compliant financial reporting systems. Our advisory services help businesses navigate the technical, operational, and reporting challenges associated with accounting standard implementation while ensuring full regulatory compliance.

Our team works closely with management, finance teams, auditors, and other stakeholders to ensure a smooth and structured transition to new accounting standards, while minimizing disruptions to financial reporting processes.

Our IND AS / IFRS Advisory Services

Ind AS / IFRS Transition & Implementation

We assist organizations in transitioning from existing accounting frameworks to Ind AS or IFRS in a structured and compliant manner.

Diagnostic assessment of existing accounting policies
Gap analysis between existing accounting standards and Ind AS / IFRS
Implementation roadmap development
Assistance in first-time adoption of Ind AS / IFRS
Preparation of transition adjustments and reconciliations

Financial Statement Conversion

We assist organizations in converting financial statements prepared under local GAAP into Ind AS or IFRS-compliant financial statements.

Conversion of financial statements to Ind AS / IFRS format
Preparation of opening balance sheets under new standards
Preparation of comparative financial statements
Assistance in preparation of disclosure notes and schedules

Accounting Policy Development

The adoption of new accounting standards often requires the development of updated accounting policies and internal guidelines.

Development of Ind AS / IFRS accounting policies
Documentation of accounting frameworks
Advisory on complex accounting treatments
Preparation of technical accounting memorandums

Financial Instruments & Complex Accounting Areas

We provide advisory on complex accounting areas that arise under Ind AS and IFRS frameworks.

Accounting for financial instruments
Revenue recognition advisory
Lease accounting implementation
Fair value measurement frameworks
Consolidation and group reporting advisory

Training & Implementation Support

Successful implementation of new accounting standards requires training and alignment of finance teams.

Training programs for finance and accounting teams
Workshops on Ind AS / IFRS requirements
Advisory support during audit and regulatory review
Ongoing technical accounting support

Businesses We Support

Listed companies and public entities
Companies preparing for IPOs
Multinational subsidiaries operating in India
Companies transitioning to global reporting frameworks
Businesses expanding internationally

15866 Times Visited