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With India deciding to converge with IFRS and not adopt IFRS, Ind-AS is certainly the way forward for Indian Companies. In simple terms, Convergence with IFRS means that India would not be applying the IFRS as issued by the international body but would try to get its own accounting standards in sync with the International Financial Reporting Standards. Keeping this in mind CCH India has come out with its latest publication “A Quick Reference to Ind AS converged with IFRS” which contains the brief of the new converged accounting standards, the carve outs and comparison of Converged accounting standards with IFRS and old accounting standards for easy and quick understanding by professionals.
Authored by CA (Dr.) Sanjeev Singhal who is the Vice President - Finance & Head - Accounting Centre of Excellence at Jubilant Life Sciences, this book provides a quick overview of all Ind-AS and gives a bird’s eye view to carve outs and curtailment of options vis a vis IFRS.
This book has been developed to address the need of the professionals to have a quick overview of the converged accounting standards and have the practical guidance on First time adoption of standards. This also contains comparison between Ind AS and IFRS and also between existing AS with Ind AS with practical implications.
The book comes with a DVD containing Power point presentations on all Ind-AS for quick understanding; IFRS based annual reports for hands on experience & Text of Ind-AS for referencing purposes.
Thomas Abraham, Managing Director, CCH India, says “We are very pleased to be associated with Dr Sanjeev Singhal for yet another potential best seller. CCH is able to churn out high quality professional titles given the domain expertise of our authors and the in depth market knowledge of our internal research team. CCH remains committed to continuously bring out titles of relevance that will add value to professionals.”
About Wolters Kluwer
Wolters Kluwer is a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwer's leading information-enabled tools and software solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.
Wolters Kluwer had 2010 annual revenues of €3.6 billion, employs approximately 19,000 people worldwide, and maintains operations across Europe, North America, Asia Pacific, and Latin America, serving customers globally. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
About CCH India
CCH India (CCHIndia.co.in), a Wolters Kluwer company is the leading publishing and information services provider for Tax, Accounting and Legal professionals globally. The Brand represents the “Professional first choice” and provides solutions through media that best suits the customer. CCH publishes in India, a range of books in areas like Tax, Accounting, and Corporate Law written by well-known authors, besides marketing a subscription based products with high quality content in areas like Direct & Indirect taxation, International taxation, corporate law and several other related topics arranged on their world class content delivery platform “IntelliConnect”. CCH in India also runs customized and high quality seminars for professionals in the Tax, Accounting and Legal fields.
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