For global organisations having cross-border businesses, having consistent and easily comparable financial information is crucial. International Financial Reporting Standards (IFRS) are a set of global generally accepted accounting principles for companies to use in the preparation of their financial statements, which are particularly relevant for companies with shares or securities listed on public stock exchanges. Set by the International Accounting Standards Board (IASB), they are applied in over 160 jurisdictions. NDM’s IFRS advisers can help you to understand and apply these complex standards, improving the clarity and quality of the financial information you need to underpin key business decisions.
In India, Indian Accounting Standards (IndAS), which are converged with IFRS standards are applicable on certain entities based on the statutorily prescribed threshold limits. Other entities may adopt IndAS voluntarily to be better able to adapt to global reporting standards and for group reporting standards.
Our experts have proven track record of providing end to end assistance in advisory, convergence, group reporting and allied IFRS services.
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