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MTG: Key Areas of Change (Full)

Published on Tue, Jul 21,2015 | 22:56, Updated at Tue, Jul 21 at 23:12Source : |   Watch Video :

In about 8 months from now over 660 listed companies in India will adopt new accounting standards, IND-AS.  How will this impact their financials? Should we prepare for lower revenues, more consolidation, new liabilities, P&L injuries, costlier M&A, higher employee compensation and voluminous disclosures? Is India Inc ready to Mind The GAAP?

This special series will cover India Inc’s journey from Indian GAAP to the new IND-AS. Over the next few weeks we will examine the key areas of change and analyse the impact on India’s top companies!

This first episode CNBC TV18’ds Menaka Doshi talks to R. Shankar Raman, CFO - L&T, Jamil Khatri, Head of Audit – KPMG & Dolphy D’souza, National Leader IFRS Services – EY to bring you an overview of the impending changes.

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