| Topic : Global Outlook for Indian Accounting Profession |
|
|
Posted in Community :
Finance & Accounts |
Banking & Insurance Professionals |
BANKING & FINANCIAL INDUSTRY |
2 more ...
|
Activity:
Question posted: 09 11 2009 14:17:13 +0000,
2 answers, 265 views, last activity
07 06 2010 20:18:08 +0000
|
|
International Accounting Standards Board (IASB) has adopted new International Financial Reporting Standards (IFRS). So what the banks have done to face this transition?
2 Answers for "What the banks have done to face transition to IFRS?"
Prev1NextShowing 1 - 2 of 2
Answered by
Veejay Bhatia, Administration Manager / Recruitment Coordinator, French Firm dealing in Oil & Gas, Dubai (UAE)
| 09 11 2009 18:01:55 +0000
Not Rated
Nice info Rakesh. Thanks for this update
Answered by
Rakesh Chakraborty, Sr. Associate, ING
| 09 11 2009 14:22:27 +0000
Not Rated
Indian banks are hiring consultants to train their employees in International Financial Reporting Standards (IFRS) as they take the lead in ensuring compliance with the new global accounting standard . Employees will be well versed with the new accounting standards. Banks are setting up internal cells dedicated to IFRS accounting. To come up with the guidelines on the new accounting norm, a working group committee has been formed by the Indian Banks’ Association (IBA).
Prev1NextShowing 1 - 2 of 2
Found the question
"What the banks have done to face transition to IFRS?"
interesting?
Refer to your connections and communities
Jobsite for Analytics Professionals
- Create a confidential Career Profile and Resume/C.V. online
- Get advice for planning their career and for marketing of experience and skills
- Maximize awareness of and access to the best career opportunities
Viewers also viewed
|
|
Gold Exchange Traded Fund is a mutual fund listed and traded on a stock exchange that tracks the... |
|
|
154 referals
14 arguments,
1559 views
|
|
|
Credit risk management is a very important area for for the banking sector and there are wide... |
|
|
10 referals
23 comments,
9484 views
|
|
|
Which would you prefer to bank with, a NATIONALIZED BANK or a PRIVATE SECTOR BANK. |
|
|
108 referals
31 arguments,
30055 views
|
|
|
|
|
|
|
Unanswered Questions (7)
|
|
|
|
0 referals
1 answers,
0 views
|
|
|
|
0 referals
0 answers,
0 views
|
|
|
|
do u agree or disagree |
|
|
0 referals
0 answers,
0 views
|
|
|
Sponsored Jobs
More From Author
Well, though Russia is more trustworthy to us than USA, but still we cannot deny the friendship of USA. We shouldn't forget, USA is fighting against all the terrorist groups which are a danger for India. Just because it is supplying ammunitions to... |
Paying advance tax doesn't mean economic recovery in India will be stable.Tax was being paid even before the recession period. Our corporates were having good hold in the market at that time also. Still were we able to protect India from being... |
MBA teaches how to manage an organsation. This may be a requirement in every sector. Whereas Charter accountants are specifically decined for accounting jobs. Giving a recognition to CAs will let them an identification in which field they are working... |