Further, Indian GAAP is also gradually getting aligned to Ind AS. Events & Webinars Whats New at PROCAPITA Media Coverage Press Releases. The Ministry of Corporate Affairs (MCA) has mandated certain Indian companies to implement Indian Accounting Standards (Ind AS) which are converged with International Financial Reporting Standards in a phased manner from 1 April 2016 onwards while preparing the financial statements. International Financial Reporting Standards which are mandated / permitted to be implemented in more than 140 countries across the globe. Considering this need, International Accounting Standards Board introduced a set of reporting standards viz. Due to globalisation in the business environment, common platform in accounting and financial reporting across countries was required. We invest pro-bono work in clients with whom we have established long standing partnerships, when their ambitious equity goals and financial circumstances. A community of solvers combining human ingenuity, experience, technology and products to help organizations build trust and deliver sustained outcomes.
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