Home About Us Our Services
Our Clients Important Links Team Follow Our Blogs Affiliates Network Members Career Media Center Contact Us
 
 
 

rajput jain and associates

Company
Export Import Code
Income tax
Copyright Registration Service
Design Registration
Patent Registration
Trade Mark Services
LLP Registration Services
Partnership Firm Registration
Propritorship Registration
Service Tax
Society / NGO Registration
Vat / Sales Tax Registration
Company
Export Import Code
Income tax
Copyright Registration Service
Design Registration
Patent Registration
Trade Mark Services
LLP Registration Services
Partnership Firm Registration
Propritorship Registration
Service Tax
Society / NGO Registration
Vat / Sales Tax Registration
Company
Export Import Code
Income tax
Copyright Registration Service
Design Registration
Patent Registration
Trade Mark Services
LLP Registration Services
Partnership Firm Registration
Propritorship Registration
Service Tax
Society / NGO Registration
Vat / Sales Tax Registration

Saturday, December 10, 2016

rajput jain and associates
Rajput Jain & Associates, a Chartered Accountants firm has staff strength of nearly 30 in India. One of the key strength of the firm is its ability to provide value added services to its clients on an All India Basis. The firm has a wide network of associates spread all across the country and through such wide network the firm has been able to successfully complete the tasks
PAN (Permanent Account Number) allotment process will undergo a change from 3 February 2014. The official release mentioned that an applicant of PAN will have to submit self-attested copies of Proof of Identity (POI), Proof of Address (POA) and Date of Birth (DOB) documents. The applicant will also have to produce the original documents for verification at the counter of PAN facilitation centres. The notification also said that the POI, POA and DOB documents attached with the application PAN form will be verified with their original documents at the time of application submission. It also said that the original documents will not be retained by the PAN Facilitation centre and will be returned back to the applicant as soon as it is verified.
 
 
Start My Business

For Indian Owners

Proprietorship Joint Hindu Family (HUF) Partnership One Person Company Limited Liability Partnership (LLP) Private Limited Company Nidhi Company Public Limited Company

For Foreign Owners

Indian Subsidiary Liaison office in India Branch office in India Setting up Joint Venture in India

NGO Registration

Society Trust Section 8 Company

Step 1
Leave a request from anywhere

Step 2
Send your documents via mail/courier

Step 3
Relax @ Home,We form your Business

Step 4
Your Business/Company Registration done

Maintain My Business
   
 
 
corner back corner
services
Business Setup Outside India
XBRL Data Conversion Services
SSI Registration Services
Virtual Office Facility
Deed, Agreement & MoU drafting
corner corner corner
box shadow
corner back corner
services overview
empty cell
Business set up in India
Entry Strategy
Growth Strategy
Diversification Strategy
Internal Audits
Management Audits
Sox Audits & Clause 49
Due diligence audit
Service Tax Procedure & Refund
Service Tax Registration
Central Excise Consultancy
Central Excise Registration
Deemed Exports
DGFT Consultancy
Duty Exemption Scheme
EPCG Export Promotion Capital Goods
Foreign Trade Consultants
Import Duty Calculator
Import Export Registration
Project Imports
Promotional Measures for Exports
Registration for Import/Export
Special Addition Duty
Copyright Services
Design Registration
Intellectual Property Right Services
Patents Registration
Trade Mark Registration
Bank Guarantee Advisory
CIBIL Report
External Commercial Borrowing Advisory Services
Finance Project Report Service
Lease Rental Discounting Consulting Services
Letter of Credit Consulting Services
Loan Against Property Mortgage Consultancy Services
Private Equity Funding Advisory
Project Finance Services
Trade Finance Advisory Services
Unsecured Business Loan
Working Capital Financing Advisory Services
LLP Consulting Services
LLP Registration Services
Amalgamation Services
Business Process Re-Engineering
Due Diligence
Financial Structuring & Restructuring
Joint Venture Consultancy
Mergers and Acquisition Advisory
Company Registration Service
Company Secretarial Retainership Service
Legal Compliance Audit
Ready-made (Shelf) Company Service
Foreign Exchange Management Act Value Added Tax (VAT) SSI Registration Services Unit in SEZ/ STPI Transfer Pricing Outsourcing Services Virtual Office Facility Deed, Agreement & MoU drafting Accounting & Controlling
Asset Utilization & Technology
Continuous Improvement
Knowledge Management
Lean Management
Maintenence
Management
Manufacturing
Marketing & Sales
Organization
Performance Management
Planning
Purchasing
R&D and New Technology
Relation Management
Shared Service Center
Single Business Entity
Supply Chain
Turnover
Project & Working Capital Financing
Management Information System
Business Process Re-engineering
Service Tax
International Taxation
Income Tax
12A Registration of NGO
35(1)(II) & 35(1)(III) Registration
35AC Registration
80G Registration
FCRA Registration
NGO Registration in India
empty cell
corner corner corner
box shadow
corner back corner
services overview
empty cell
*Name:
*Email:
Mobile:
Message:
Enter the code shown
Enter the code shown
  
empty cell
corner corner corner
box shadow
International Taxation
IFRS CONVERSION, PLANNING, SUPPORT & ADVISORY SERVICES

International Financial Reporting Standards (IFRS) is achieving power throughout the world as a single, logical accounting framework and is positioned to become the predominant GAAP in the near future. More than 100 countries have moved to, or base their local standards on IFRS.

The impact in adopting International Financial Reporting Standards (IFRS) goes besides the choice of a uniform accounting language, designed to bring enhance clarity to financial reporting, as well as, comparability and flexibility on a global scale.

Indian Accounting Standards have not yet kept pace with modification in IFRS and there are momentous differences between IFRS and I-GAAP. Recognizing the significance of having full concurrence with IFRS, the ICAI has decided to fully converge with IFRS issued by IASB. The Ministry of Corporate Affairs has declared its commitment to convergence to IFRS.

The time has finally come when India Inc. will merge to International Financial Reporting Standards. IFRS as they are more generally known is more than just a set of accounting standards. It is in a way entire business process and encompasses changes in all the working spectrum of the business.

The misinterpretation around IFRS is that it would strike only listed entities or 'Large' entities; while on the contrary, no business can remain untouched by this wave of substance over form and fair valuation. The proof of it is the recently issued IFRS for Small and Medium Sized Entities (SME) which offers a scaled-down, simpler and more cost-effective version. Sooner or later, India will concentrate with these too.

Appropriate changes in transaction measurement and account disclosure means transitioning to IFRS will have a strike on your IT infrastructure service potential, the relevant financial reporting applications and the underlying business practices that support financial reporting. Moreover, the impact of IFRS on systems and processes will be as a result of information requirements not being easily available from existing systems without significant modifications being required; changes to accounting estimates and non-routine calculations, accounting structures changes because of new accounting policy adoption, and management reporting needs being impacted for consolidation and reporting disclosure changes.

What Rajput Jain & Associates Offers

We have worked broadly under IFRS and our experience indicates that IFRS is more than just a technical accounting exercise and needs to be viewed and studied as an important business priority. The Profits, EBITDA, Dividend policy, Tax Planning will all change because of this transition and companies need to plan well in advance to ensure a smooth transition. While it is established that IFRS in India is a reality, it is also a reality that converging to IFRS is no mean business and we at Rajput Jain & Associates aim at assisting clients in an easy transition.

  • FULL CONVERSION:- We would take your existing I-GAAP financials and provide you with IFRS Financial Statement. This included IFRS Health Check up, IFRS Conversion services, IFRS Transaction Advisory.
  • CUSTOMISED IFRS DISCLOSURE CHECKLIST:- For good IFRS reporting, you need a overall checklist. We would gather basic important information from you, do a quick interpretation and provide you with suggested disclosure checklist that could act as a comprehensive tool in ensuring complete and concise accounting disclosures. If you have a good knowledgeable team OR if you are an audit firm and can handle entire IFRS conversion on your own, you should definitely have this checklist to ensure completeness.

Rajput Jain & Associates are available to assist management in a number of ways, including, but not limited to, the following:

  • Assisting in preparing and presenting Financial Report in accordance with IFRS.
  • Providing online issue based consulting on IFRS.
  • Providing mandate based consulting on IFRS.
  • Performing functions of supervisors and reviewing the IFRS financial report.
  • Providing the IFRS Financial Report Audit.

MYTHOLOGY OF IFRS SERVICES: - Rajput Jain & Associates provides an entire mythology of IFRS services:

corner back corner
corner corner corner
box shadow
corner back corner
rajput jain and associates
rajput jain and associates
We are the exclusive member in India of the Association of International Tax Consultants, an association of independent professional firms represented throughout Europe, US, Canada, South Africa, Australia and Asia.
corner corner corner
box shadow
corner back corner
corner corner corner
box shadow
corner back corner
services overview
empty cell
corner corner corner
box shadow
corner back corner
services overview
empty cell
corner corner corner
box shadow
 
 
 

DIAGNOSTIC REVIEW - Analysis of policy and procedures difference between existing GAAP and IFRS. Applying an initial diagnostic in order to identify Indian /IFRS accounting differences and thereby publicizes key issues (via gap analysis) to management.

GAP ANALYSIS & CONVERSION PLANNING - Analysis of the gaps and determine procedures for bridging the gaps including specific actions which needs to be taken by the company. Preparing new policies and procedures in order to satisfy a need for promoting and achieving new skills at all levels.

CONVERSION OF FINANCIAL STATEMENTS INTO IFRS - Actual conversion of financial statements into IFRS compliant financial statements. Adapting note disclosures prior to conversion, as well as, first time interim and annual financial statements, Assessing, measuring and communicating impacts to the business's performance, by virtue of adoption of new standards, and the allowable choices within each. Determining business process, control and system changes as necessary in order to successfully transition to new operating practices. Identifying corporate governance changes resulting from IFRS adoption.

VALUATION SERVICES UNDER IFRS:-

  • Valuation of property plant and equipment
  • Valuation of financial instruments
  • Valuation of investment properties
  • Valuation of actuarial liabilities
  • Valuation of Biological assets (agriculture, livestock etc.)
  • Valuation of Intangible Assets – Brand, Goodwill, Patents, Trademarks, Rights etc.

POST CONVERSION SERVICES - Investor management, Annual Report Presentation, press release Meets etc.

IFRS TRAINING – Various practical training coerces of short and long duration based on client requirement.

To-date, organizations have relied on Rajput Jain & Associates to assist them in improving the design and operational effectiveness of their internal controls over financial reporting. Similarly, we view the transition to IFRS as an opportunity to make advancement along a number of related fronts:

  • Financial accounting and reporting systems will evolve to where both internal (i.e. senior and operational management) and external (Board of Directors and Investors) stakeholder information requirements can, and will, be met adequately;
  • Training requirements for staff and management will need to be redefined, upon appreciating the skills and knowledge bases needed to achieve and report new accounting information;
  • Accounting policy choices will be made with a clearer understanding of the impact on key performance measurements and indicators, while assuring alignment with industry peers and;
  • Improved communication to relevant stakeholders should promote greater accountability and clarity

Our goal is simple - to enable your organization to adopt and communicate, with morale and authority, all relevant changes and enhancements to systems, controls, processes and staff by way of a easy transition to the new accounting standards.

For any queries relating to IFRS Services please send your enquiry to singh.swatantra@gmail.com

Send Us Your Query |REQUIREMENT OF IFRS CONVERSION, PLANNING, SUPPORT AND ADVISORY SERVICE PROVIDER IN DELHI | IFRS CONVERSION, PLANNING, SUPPORT AND ADVISORY SERVICE PROVIDER CHARTERED ACCOUNTANT |IFRS CONVERSION, PLANNING, SUPPORT AND ADVISORY SERVICE CONSULTING SERVICES PROVIDER CHARTERED ACCOUNTANT FIRM IN DELHI | REQUIREMENT OF IFRS CONVERSION, PLANNING, SUPPORT AND ADVISORY SERVICE ADVISORY PROVIDER CA FIRM |IFRS CONVERSION, PLANNING, SUPPORT AND ADVISORY SERVICE CONSULTANTS| REQUIREMENT OF IFRS CONVERSION, PLANNING, SUPPORT AND ADVISORY SERVICE ADVISORY FIRMS DELHI | REQUIREMENT OF IFRS CONVERSION, PLANNING, SUPPORT AND ADVISORY SERVICE CONSULTING PROVIDER IN INDIA | PRACTICING CHARTERED ACCOUNTANTS SERVICES PROVIDER ON IFRS CONVERSION, PLANNING, SUPPORT AND ADVISORY SERVICE CONSULTING SERVICE IN DELHI |IFRS CONVERSION, PLANNING, SUPPORT AND ADVISORY SERVICE CONSULTING SERVICES CHARTERED ACCOUNTANTS FIRM IN INDIA/DELHI/CP
 
 
 
  Sitemap Admin
rajput jain and associates