Tapping into the burgeoning BFSI market See Overview
The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome. See Overview
Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new... See Overview
At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our... See Overview
M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,... See Overview
Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses See Overview
At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust... See Overview
Navigating the changes to Indian Accounting Standards
The Ministry of Corporate Affairs has recently notified Ind AS 116, Leases, and changes to multiple standards to be at par with the changes in the corresponding International Financial Reporting Standards (IFRS). With the new standard and the changes becoming effective from 1 April 2019, entities that need to issue quarterly financial results have very little time to evaluate and implement them.
This publication is designed to give an overview of the recent changes to Indian Accounting Standards along with their commercial implications. It covers both the new Standard that has been issued and amendments made to the existing ones
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