{"id":3210,"date":"2026-04-10T11:25:06","date_gmt":"2026-04-10T11:25:06","guid":{"rendered":"https:\/\/azebon.com\/?page_id=3210"},"modified":"2026-04-10T11:33:58","modified_gmt":"2026-04-10T11:33:58","slug":"ind-as-consulting-services","status":"publish","type":"page","link":"https:\/\/azebon.com\/index.php\/ind-as-consulting-services\/","title":{"rendered":"Ind AS Consulting Services"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"3210\" class=\"elementor elementor-3210\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-be58766 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"be58766\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1f34f74\" data-id=\"1f34f74\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4028d94 elementor-widget elementor-widget-heading\" data-id=\"4028d94\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 18-06-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h4 class=\"elementor-heading-title elementor-size-default\">Ind AS Consulting Services<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-aef90e8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aef90e8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9f22987\" data-id=\"9f22987\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b9d324c elementor-widget elementor-widget-text-editor\" data-id=\"b9d324c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 18-06-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Ind-AS has been made applicable from the financial year 2016\u20132017. At Azebons, we specialize in supporting corporates through a seamless transition to this new statutory framework.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a2f86c elementor-widget elementor-widget-heading\" data-id=\"6a2f86c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">1. Ind AS implementation road map<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b4a135 elementor-widget elementor-widget-text-editor\" data-id=\"3b4a135\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table><tbody><tr><td width=\"97\">\u00a0<\/td><td width=\"266\"><strong>Phase I<\/strong><\/td><td width=\"156\"><strong>Phase II<\/strong><\/td><td width=\"123\"><strong>Voluntary adoption<\/strong><\/td><\/tr><tr><td width=\"97\">Year of adoption<\/td><td width=\"266\">FY 2016 \u2013 17<\/td><td width=\"156\">FY 2017 \u2013 18<\/td><td width=\"123\">FY 2015 -16 or thereafter<\/td><\/tr><tr><td width=\"99\">Comparative year<\/td><td width=\"266\">FY 2015 \u2013 16<\/td><td width=\"156\">FY 2016 \u2013 17<\/td><td width=\"126\">FY 2014 \u2013 15 or thereafter<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7d3fb2d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7d3fb2d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-64f0618\" data-id=\"64f0618\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2ceba36 elementor-widget elementor-widget-text-editor\" data-id=\"2ceba36\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table><tbody><tr><td width=\"97\"><strong>Covered companies<\/strong><\/td><td width=\"266\">\u00a0<\/td><td width=\"156\">\u00a0<\/td><td width=\"113\">\u00a0<\/td><\/tr><tr><td width=\"97\">(a) Listed companies<\/td><td width=\"266\">All companies with net worth &gt;= INR500 crores<\/td><td width=\"156\">All companies listed or in the process of being listed<\/td><td width=\"123\">Any company could voluntarily adopt Ind AS<\/td><\/tr><tr><td width=\"99\">(b) Unlisted companies<\/td><td width=\"266\">All companies with net worth &gt;= INR500 crores<\/td><td width=\"156\">Companies having a net worth &gt;= INR250 crores<\/td><td width=\"111\">\u00a0<\/td><\/tr><tr><td width=\"97\">(c) Group companies<\/td><td width=\"266\">Applicable to holding, subsidiaries, joint ventures, or associates of companies covered in (a) and (b) above<em>.<\/em><\/td><td width=\"156\">\u00a0<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9e7f5a9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9e7f5a9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-065b4d9\" data-id=\"065b4d9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-584dc27 elementor-widget elementor-widget-heading\" data-id=\"584dc27\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">2. Various stages under Ind-AS implementation:<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-216c76e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"216c76e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-cbdf175\" data-id=\"cbdf175\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f11c0e6 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"f11c0e6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 18-06-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/azebon.com\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-10-2026-05_02_37-PM-1024x683.png\" class=\"attachment-large size-large wp-image-3219\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/azebon.com\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-10-2026-05_02_37-PM-1024x683.png 1024w, https:\/\/azebon.com\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-10-2026-05_02_37-PM-300x200.png 300w, https:\/\/azebon.com\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-10-2026-05_02_37-PM-768x512.png 768w, https:\/\/azebon.com\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-10-2026-05_02_37-PM.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-de6ecd7\" data-id=\"de6ecd7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-700e5d1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"700e5d1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-12cf51a\" data-id=\"12cf51a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a9b510b elementor-widget elementor-widget-heading\" data-id=\"a9b510b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">3. Scope of work<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba8bfb3 elementor-widget elementor-widget-text-editor\" data-id=\"ba8bfb3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"flex flex-col text-sm pb-25\"><section class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-WEB:795df4b2-ecfd-4a0d-90ed-a1278c1d8090-14\" data-testid=\"conversation-turn-30\" data-scroll-anchor=\"true\" data-turn=\"assistant\"><div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\"><div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\"><div class=\"flex max-w-full flex-col gap-4 grow\"><div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" tabindex=\"0\" data-message-author-role=\"assistant\" data-message-id=\"4f644e65-1044-464f-b762-60086c67ea0f\" data-message-model-slug=\"gpt-5-3\" data-turn-start-message=\"true\"><div class=\"flex w-full flex-col gap-1 empty:hidden\"><div class=\"markdown prose dark:prose-invert w-full wrap-break-word light markdown-new-styling\"><p data-start=\"39\" data-end=\"255\">Our comprehensive approach is designed to deliver an end-to-end solution, ensuring a smooth transition from existing accounting practices to Indian Accounting Standards (Ind AS), starting from Financial Year 2016\u201317.<\/p><p data-start=\"257\" data-end=\"284\">The scope of work includes:<\/p><ul data-start=\"286\" data-end=\"1256\" data-is-last-node=\"\" data-is-only-node=\"\"><li data-section-id=\"ksqayo\" data-start=\"286\" data-end=\"409\">Identification of key differences between current Indian GAAP and Ind AS, including accounting and reporting variations<\/li><li data-section-id=\"hvfm0i\" data-start=\"410\" data-end=\"480\">Evaluation and selection of applicable exemptions under Ind AS 101<\/li><li data-section-id=\"1r5dmk3\" data-start=\"481\" data-end=\"574\">Impact assessment across various business components, including financials and IT systems<\/li><li data-section-id=\"f23ozw\" data-start=\"575\" data-end=\"656\">Development of a detailed implementation roadmap based on the impact analysis<\/li><li data-section-id=\"8w0ncg\" data-start=\"657\" data-end=\"788\">Assistance in preparing Ind AS-compliant financial statements for the transition date, comparative period, and reporting period<\/li><li data-section-id=\"5bnqcu\" data-start=\"789\" data-end=\"860\">Support in preparing the opening balance sheet as of 1st April 2016<\/li><li data-section-id=\"qczsom\" data-start=\"861\" data-end=\"983\">Assistance in preparing financial statements for the comparative period (FY 2016\u201317) and reporting period (FY 2017\u201318)<\/li><li data-section-id=\"wxm95c\" data-start=\"984\" data-end=\"1099\">Conducting training sessions to facilitate knowledge transfer and help teams understand post-transition changes<\/li><li data-section-id=\"zqsx8t\" data-start=\"1100\" data-end=\"1256\" data-is-last-node=\"\">Support during statutory audits, including discussions with auditors to address and resolve any differences in interpretation related to Ind AS transition<\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"z-0 flex min-h-[46px] justify-start\">\u00a0<\/div><div class=\"mt-3 w-full empty:hidden\"><div class=\"text-center\">\u00a0<\/div><\/div><\/div><\/div><\/section><\/div><div class=\"pointer-events-none h-px w-px absolute bottom-0\" aria-hidden=\"true\" data-edge=\"true\">\u00a0<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Ind AS Consulting Services Ind-AS has been made applicable from the financial year 2016\u20132017. At Azebons, we specialize in supporting corporates through a seamless transition to this new statutory framework. 1. Ind AS implementation road map \u00a0 Phase I Phase II Voluntary adoption Year of adoption FY 2016 \u2013 17 FY 2017 \u2013 18 FY &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/azebon.com\/index.php\/ind-as-consulting-services\/\"> <span class=\"screen-reader-text\">Ind AS Consulting Services<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ind AS Consulting Services - Azebon Services<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/azebon.com\/index.php\/ind-as-consulting-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ind AS Consulting Services - Azebon Services\" \/>\n<meta property=\"og:description\" content=\"Ind AS Consulting Services Ind-AS has been made applicable from the financial year 2016\u20132017. At Azebons, we specialize in supporting corporates through a seamless transition to this new statutory framework. 1. 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