IFRS Services in Faridabad

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Top IFRS Services in Faridabad

as on May 23, 2022
Filter Sort by
  1. Ashwani Gupta & Associates

    Also Servicing in Faridabad

    IFRS Services

    178,, Lajpat Nagar, Jalandhar - 144001 Get Directions
  2. Arvind Mittal & Co.

    Near Navchetna Hospital, Sector 8

    IFRS Services

    4051, Near Navchetna Hospital, Sector 8, Faridabad - 121004
  3. Manoj Mohan & Associates

    Also Servicing in Faridabad

    IFRS Services

    No. F 18A, Atta Market, Sector 27, Noida - 201301
  4. Manoj K. Bansal & Associates

    Also Servicing in Faridabad

    IFRS Services

    Sanjay Market, Pocket 3, Sector 2, Rohini, Delhi - 110085
  5. Numbers Consulting Pvt. Ltd.-Faridabad-IFRS Services

    Numbers Consulting Pvt. Ltd.

    Also Servicing in Faridabad

    IFRS Services

    408 Tower A,Unitech Arcadia, South City II, Gurgaon, Delhi - 122002 Get Directions
  6. Brijesh Pratap & Co.

    Also Servicing in Faridabad

    IFRS Services

    C-122, Ground Floor, Noida Sector 10, Delhi - 201301
  7. Vikas Vijay Sharma & Associates

    Also Servicing in Faridabad

    IFRS Services

    No. 42/2, Kundan Nagar, Street No. 2, Laxmi Nagar, Delhi - 110092 Get Directions
  8. Rishnik Consultants Pvt. Ltd.-Faridabad-IFRS Services

    Rishnik Consultants Pvt. Ltd.

    Also Servicing in Faridabad

    IFRS Services

    I-9, LGF, Lajpat Nagar 3, Lajpat Nagar Part III, Lajpat Nagar, Delhi - 110024 Get Directions
  9. P.K. Chopra & Co.-Faridabad-IFRS Services

    P.K. Chopra & Co.

    Also Servicing in Faridabad

    IFRS Services

    Pratap ,No. 84, Connaught Place, Delhi - 110001 Get Directions
  10. Tax Abacus

    Ballabgarh Market, Ballabhgarh

    IFRS Services

    Shop No. 114, 1st Floor, New Sabzi Mandi,Ballabgarh Market, Ballabhgarh, Faridabad - 121006

Recent Reviews

as on May 23, 2022 Average Rating (4) - 4 reviews
27th Jul, 2021

Took their services for GST registration only but they filed GSTR3 without taking my consent and demanding Rs.1000 for the same. Why should I pay for a service I did not ask for?

3rd Dec, 2019

Had LLP registration services. Quick response with great turnaround time. Loved it to the core. Thanks will definitely choose you again.

24th Apr, 2018

I highly recommend my return filling for firm registration. Quiet happy with the response. Hope will get the same kind of response and services in near future.

26th Feb, 2018

Excellent service from company


Know the intricate details of IFRS for increasing transparency in your financial records

Confused about the types and several other aspects of IFRS? If you are struggling with such concepts and find it challenging to utilize in your business strategies, then it is time to hire a professional who can guide you through the elaborate idea of such standards for the benefit of your business. An expert in this field would help your company to incorporate every aspect of this standard for the best financial decisions of the company.

About IFRS

IFRS is an acronym for the International Financial Reporting Standards. It refers to the accounting standards set by the International Accounting Standards Board or IASB in short, with the sole objective of providing total transparency in the financial records and information to a business. This formulation includes:

  • International Financial Reporting standards
  • International Accounting Standards which is being adopted by IASB
  • Interpretations that originated from the International Financial Reporting Interpretations Committee
  • Standing Interpretations Committee

Formed in 2001, the International Accounting Standards Board refers to an independent body that was established to construct International Financial Reporting Standards. This standard hence made provides a conceptual understanding and a framework for the accounting practices of different kinds of businesses.

Features of IFRS

The IFRS services come in all possible sizes and shapes for each sector of companies. However, they all have some fundamental aspects common between each other. The essential features of IFRS include:

  • It helps to make a potential difference between the financial statements of a company established by the users of the reports.
  • The financial reports are complete and are free from any kind of predisposition and error.
  • You get the chance to compare the financial reports of two seasons of the same company of the same reports of two different companies belonging to the same industry. Such comparisons help to understand the economic trends and hence make decisions about the respective trades and the reputation of the company.
  • Due to the verified information based on specific standards, different people can reach to same conclusions but might not provide the perfect and matched agreement at the same time.
  • Information is readily available to the users at a given period.
  • The companies are bound to present easy to understand information which is clear and concise for the users.

Types of IFRS

The standards used in the list of International Financial Reporting Standards are:

  • IFRS 1 belongs to the First-time Adoption of International Financial Reporting Standards
  • IFRS 2 belongs to Share-based Payment
  • IFRS 3 belongs to Business Combinations
  • IFRS 4 belongs to Insurance Contracts
  • IFRS 5 belongs to Non-current Assets Held for Sale and Discontinue Operations
  • IFRS 6 belongs to the Exploration and Evaluation of Mineral Resources
  • IFRS 7 belongs to Financial Instruments: Disclosures
  • IFRS 8 belongs to Operating Segments
  • IFRS 9 belongs to Financial Instruments
  • IFRS 10 belongs to Consolidated Financial Statements
  • IFRS 11 belongs to Joint Arrangements
  • IFRS 12 belongs to Disclosure of Interests in Other Entities
  • IFRS 13 belongs to Fair Value Measurement
  • IFRS 14 belongs to Regulatory Deferral Accounts
  • IFRS 15 belongs to Revenue from Contracts with Customers
  • IFRS 16 belongs to Leases
  • IFRS 17 belongs to Insurance Contracts
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FAQ - IFRS Services in Faridabad

  • What is the purpose of IFRS services?

    The goal of designing the IFRS services is to provide a global framework as to how the public, corporate companies should prepare as well as disclose their financial statements to the assigned authorities. It gives them general guidance for the preparation and formulation of their financial reports, which would be unique to businesses rather than making generalized rules for industry-specific reports.
  • How many countries use IFRS services?

    There is an estimate of around 120 nations that require IFRS services for their domestic companies, and approximately 90 countries fully utilize these standard services in their audit reports.

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