In the recent Notification No. 28/2015-2020 dated 12th February 2021, DGFT make it mandatory for all IEC holders to ensure that the details in its IEC is updated electronically every year, during April – June Period. In case where there are no changes in IEC details same are also needs to be confirmed online.
International Financial Reporting Standards (IFRS) set centralized protocols, to maintain the financial statements consistency, transparency, and comparable around the world. IFRS Standards are vital to the regulators around the world. International Financial Reporting Standards is achieving power throughout the world as a single, logical accounting framework and is positioned to stand, and provide predominant principles.
VJM & Associates LLP have worked broadly under IFRS and our expertise for IFRS is more than just a technical accounting exercise. We understand the needs to be viewed and study them as an important business priority.