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CONVERSION OF FINANCIAL STATEMENTS FROM AS COMPLIANT TO IND-AS COMPLIANT

It is well known that with effect from 1st April 2017, it is mandatory to prepare Ind-AS Compliant financial statements for certain unlisted companies and all listed companies. Non-compliance of these provisions may lead to litigations for the companies. Moreover, the option for voluntary adoption of this provisions is also open. For compliance of this provision, conversion of AS compliant financials statements is required. TRS And Associates Ind AS experts have the niche experience of converting AS Compliant financial statements to Ind-AS Compliant financial statements for the companies.

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