KPMG India has launched an online IFRS Institute, to provide information, updates and views on International Financial Reporting Standards (IFRS).
The institute will assist various stakeholders in the planned convergence from Indian Generally Accepted Accounting Principles (GAAP) to IFRS, said a press release.
In addition to propriety KPMG content, the website will provide links to several other sources of information related to IFRS and its implementation. The site can be accessed by all interested parties at no cost. Additionally, the site provides a facility to register as a member by providing certain minimal information.
Registered members would be entitled to receive invitation for KPMG sponsored IFRS events and IFRS web casts. Membership to the website is also free. The website can be accessed at https://www.in.kpmg.com/IFRSInstitute, said the release.
Concurrently, KPMG in India is also launching an online survey to evaluate views of various stakeholders on IFRS implementation in India .
The launch of this India-specific IFRS Institute follows a similar global KPMG IFRS Institute by KPMG LLP in the United States, which provides a similar forum for IFRS implementation issues in the United States and related global developments, said the release.
