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    Challenges of First Time Adoption of IFRS: Project Report ON

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    YOGESH BHANUSHALI
    This document is a project report submitted by Yogesh Bhanushali on the challenges of first time adoption of IFRS. It includes a certificate signed by internal and external examiners certifying that the project is Yogesh Bhanushali's original work. It also includes a declaration signed by Yogesh Bhanushali stating that the project contents were not copied from other sources. The acknowledgement section thanks various people who provided guidance and information during the project. The index lists the various topics that will be covered in the project report, including IFRS standards and structure, benefits of convergence with IFRS, implementation of IFRS in India, and challenges in adopting IFRS.

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    Challenges of First Time Adoption of IFRS: Project Report ON

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    YOGESH BHANUSHALI
    27 views5 pages
    This document is a project report submitted by Yogesh Bhanushali on the challenges of first time adoption of IFRS. It includes a certificate signed by internal and external examiners certifying that the project is Yogesh Bhanushali's original work. It also includes a declaration signed by Yogesh Bhanushali stating that the project contents were not copied from other sources. The acknowledgement section thanks various people who provided guidance and information during the project. The index lists the various topics that will be covered in the project report, including IFRS standards and structure, benefits of convergence with IFRS, implementation of IFRS in India, and challenges in adopting IFRS.

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    This document is a project report submitted by Yogesh Bhanushali on the challenges of first time adoption of IFRS. It includes a certificate signed by internal and external examiners certifying that the project is Yogesh Bhanushali's original work. It also includes a declaration signed by Yogesh Bhanushali stating that the project contents were not copied from other sources. The acknowledgement section thanks various people who provided guidance and information during the project. The index lists the various topics that will be covered in the project report, including IFRS standards and structure, benefits of convergence with IFRS, implementation of IFRS in India, and challenges in adopting IFRS.

    Copyright:

    © All Rights Reserved
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    Download as pdf or txt
    27 views5 pages

    Challenges of First Time Adoption of IFRS: Project Report ON

    Uploaded by

    YOGESH BHANUSHALI
    This document is a project report submitted by Yogesh Bhanushali on the challenges of first time adoption of IFRS. It includes a certificate signed by internal and external examiners certifying that the project is Yogesh Bhanushali's original work. It also includes a declaration signed by Yogesh Bhanushali stating that the project contents were not copied from other sources. The acknowledgement section thanks various people who provided guidance and information during the project. The index lists the various topics that will be covered in the project report, including IFRS standards and structure, benefits of convergence with IFRS, implementation of IFRS in India, and challenges in adopting IFRS.

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    of 5

    PROJECT REPORT

    ON
    Challenges of First Time Adoption of IFRS

    MASTER OF COMMERCE
    ACCOUNTANCY

    PART – II (SEMESTER-IV)

    (2018-2019)

    INTERNAL ASSESSMENT

    SUBJECT: - International
    Financial Reporting
    Standards (IFRS)
    SUBMITTED BY: -

    Yogesh Bhanushali
    ROLL NO: - 04
    K. J. SOMAIYA COLLEGE OF ARTS & COMMERCE
    VIDYAVIHAR (EAST)

    AFFILIATED TO UNIVERSITY OF MUMBAI


    K. J. SOMAIYA COLLEGE OF ARTS & COMMERCE

    VIDYAVIHAR (EAST)

    CERTIFICATE

    (2018-2019)

    This is to certify that the project entitled Challenges of First Time


    Adoption of IFRS is a project work done by Yogesh Bhanushali,
    Roll No. 04 in fulfillment of the requirements for the M.COM in
    ACCOUNTANCY (PART-II) (SEMESTER-IV) during the
    academic year 2018-2019 is the original work done of the candidate
    and completed under guidance of CA. Vinay Gudi.

    Date: - 3th January 2019

    Place: - MUMBAI

    ……..…………… ..…………………
    Internal Examiner External Examiner

    .………………… …………………
    (Mrs. Sonali Deogirikar) (Dr. SUDHA VYAS)
    M.com Coordinator Principal
    DECLARATION BY STUDENT

    I, Yogesh Bhanushali, ROLLNO. 04, the student of M.COM in


    ACCOUNTANCY (Part-II) (SEMESTER-IV) (2018-2019) hereby
    declares that I have completed the project on Challenges of First Time
    Adoption of IFRS under the supervision of the internal guidance of
    CA.Vinay Gudi and that the contents of the project are not copied from
    any other source such as internet, earlier projects, textbooks etc.

    The information submitted is true and original to best of my knowledge.

    Thank you,

    Yours faithfully,

    Yogesh Bhanushali
    Roll No. 04
    ACKNOWLEDGEMENT

    I would like to thank all the people who helped me in undertaking the
    study and completing the project, by imparting me with valuable
    information and guidance that was required at every stage of my project
    work.

    I would like to thank our principal, Dr. SUDHA VYAS and M.COM
    Co-ordinate, for giving me an opportunity and encouragement to prepare
    the project.

    Last but not the least, I would like to thanks my project guide CA. Vinay
    Gudi for guiding and helping me throughout the preparation of my
    project, right from selection of the topic till its completion.

    NAME: - Yogesh Bhanushali

    ROLL NO: - 04
    INDEX

    SR NO. PARTICULARS

    1 IFRS

    2 General Differences

    3 Structure of IFRS

    4 Standards of IFRS

    5 Convergence with IFRS - Benefits

    6 IFRS and India

    7 Implementation of IFRS in India

    8 Challenges in Adoption of IFRS

    9 Conclusion

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