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Digital Natives
Unlock growth with Grant Thornton Bharat's Digital Natives solutions. Customised support for tech-driven…
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Business Consulting
Our business consulting specialists offer a comprehensive blend of strategic advisory services. We…
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Digital Transformation Services
Grant Thornton’s digital transformation services help traditional businesses digitalise…
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Human Capital Consulting
Our Human Capital Consulting team harnesses technology and industry expertise to assist in constructing…
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Production Linked Incentive Scheme
Production-linked Incentive Scheme by the Indian government is aimed at boosting manufacturing. Grant…
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Public Sector Advisory
Our Public Sector Advisory team has focused streams, aligned with the core priorities of the Government…
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Tech Advisory
We have amalgamated Digital Transformation, IT Advisory & Information Management and…
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Direct Tax services
Our tax specialists offer a comprehensive blend of tax services, tax litigation, regulatory and compliance services, helping you navigate through complex…
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Indirect Tax Services
Get tax services by leading tax firm Grant Thornton India. Our indirect tax services include consulting, compliance and litigation services for corporate, international and…
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Transfer pricing services
Our transfer pricing services experts provide a range of services from provision of APA services to handling large global assignments including Country by Country…
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US Tax
At Grant Thornton, we help individuals and dynamic companies deal with US tax laws, which are one of the most complicated tax legislations across the world.
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Financial Services - Tax
Best financial advisory services, tailored for small and large businesses by the experts having comprehensive knowledge of domestic laws and access to multifaceted…
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Financial Reporting consulting services
Our experts have significant hands-on experience in providing IFRS/US GAAP services, end-to-end solutions and support services to fulfil financial reporting requirements.
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Fund accounting and financial reporting
International operations often lack standardisation and have varied local reporting formats and requirements. Our experts can offer proactive insights, practical…
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Compliance and Secretarial Services
Our experts can assist in overhauling the entire compliance machinery of the organisation through evaluation of the applicable statutory obligations,…
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Global People Solutions
As businesses transcend borders, both domestic and global considerations need equal attention. Our interim CFO and financial controller support services help…
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Finance and accounting outsourcing
Our accounting experts assist organisations in managing their accounting and reporting. Our dedicated Integrated Knowledge and Capability Centre (IKCC), allows us to…
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Compliance Management System
We have automation solutions for you that will allow meeting government requirements and remain diligent, which when failed, can lead to penalties and loss in…
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IKCC: Grant Thornton's Shared Service Centre
The India Knowledge and Capability Centre (IKCC), aimed at delivering solutions by developing capabilities, has completed four years of its journey.
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Global compliance and reporting solutions
At Grant Thornton Bharat, we meet the challenges of our clients and help them unlock their potential for growth. Our professionals offer solutions tailored to meet our…
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Related Party Transactions Governance
Grant Thornton Bharat's comprehensive related-party transaction services ensure good governance by adhering to regulatory requirements, promoting transparency,…
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Private Client Services
Grant Thornton Bharat Private Client Services offers tailored advisory for family-owned businesses, focusing on governance, compliance, tax, succession planning, and…
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GTMitra: Tax & Regulatory Tool
GTMitra, a specialised tax and regulatory tool by Grant Thornton Bharat, supports multinational businesses in understanding laws and regulations for effective growth…
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Labour codes
Labour codes solutions help you transition through the new legislation. At Grant Thornton, we help businesses divide their approach to make sure a smooth transition.
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Alerts
At Grant Thornton India, with the help of our tax alerts, we help to provide updates on how to minimise your tax exposure and risks.
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Unlocking opportunities: India investment roadmap
The India Investment Roadmap resource is designed to navigate the complexities of Indian tax and regulatory laws, providing seamless guidance and a…
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Cyber
In today’s time, businesses have gone through large transformation initiatives such as adoption of digital technologies, transition to cloud, use of advanced…
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Governance, Risk & Operations
Our Governance, Risk and Operations (GRO) services encompass Internal Audit, Enterprise Risk Management, Internal Financial Controls, IT advisory, Standard…
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Risk analytics
Grant Thornton Bharat’s CLEARR Insights is a state-of-the art data analytics platform that will help you in seamless data analysis and efficient decision-making.
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Forensic & Investigation Services
The team of forensic advisory services experts consists of the best intelligence corporate experts, and fraud risk, computer forensic experts to deliver most effective…
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ESG consulting
Grant Thornton Bharat offers holistic ESG consulting solutions for sustainable business outcomes. With industry expertise and AI technology, we drive long-term value.
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Transaction Tax Services
Our transaction tax experts understand your business, anticipate your needs and come up with…
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Deal Advisory
Unlike other M&A advisory firm in India, we offer deal advisory services and work exclusively with…
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Due Diligence
Grant Thornton’s financial due diligence services are aimed at corporate looking for mergers and…
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Valuations
As one of the leading valuation consultants in India, Grant Thornton specializes in all the aspects of the…
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Overseas Listing
Overseas listing presents a perfect platform for mid-sized Indian companies with global ambitions.…
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Debt & Special Situations Solutions
Grant Thornton Bharat offers specialist debt and special situations consulting services, including…
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Financial Reporting Advisory Services
Grant Thornton Bharat Financial Reporting Advisory Services offer end-to-end solutions for complex financial requirements, including GAAP conversions, IPO support,…
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Financial Statement Audit and Attestation Services
Grant Thornton Bharat offers customised financial statement audit and attestation services, ensuring impeccable quality and compliance with global…
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Article Navigating market volatility and government support for Indian agricultureIndia's agricultural sector, the backbone of the nation's economy, contributes ~17% to the GDP and employs over half of the workforce.
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Article Improving credit penetration in BiharRBI’s priority sector lending guidelines have a key role to play in providing credit to small farmers, artisans and micro firms
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Article Sustainable farming and its economic imperativeSustainable farming in India is crucial for food security, economic growth, and environmental conservation, requiring government support and farmer education.
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Article Agriculture and Budget: Immediate compulsions and long-term visionGovernment focuses on sustainable agriculture, digital infrastructure, and market intelligence to enhance productivity and global competitiveness in agriculture.
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India-UK
India-UK
Our Courses
- ACCA's Diploma in IFRS ACCA's Diploma in IFRS
- Finance for non Finance Finance for non Finance
- Ind AS 115/ IFRS 15 & Ind AS 116/ IFRS 16 workshop Ind AS 115/ IFRS 15 & Ind AS 116/ IFRS 16 workshop
- Online live Workshop on IFRS 15 & IFRS 16 Online live Workshop on IFRS 15 & IFRS 16
- ACCA Diploma in IFRS - Online Live training ACCA Diploma in IFRS - Online Live training
- Workshop on Ind As 115 – One day workshop Workshop on Ind As 115 – One day workshop
- Corporate training
- Workshop on Transfer Pricing Workshop on Transfer Pricing
- Advanced Excel Boot Camp Advanced Excel Boot Camp
- Certification in Financial Modelling & Valuation Certification in Financial Modelling & Valuation
- Workshop on Ind AS 116 – one day Workshop on Ind AS 116 – one day
- Certification in Blockchain Certification in Blockchain
- Masterclass on ESOPs other equity-linked long-term incentives Masterclass on ESOPs other equity-linked long-term incentives
- Workshop on GST Workshop on GST
- Certification in analytics using R and visualisation using Power BI Certification in analytics using R and visualisation using Power BI
Online live workshop on IFRS 15 and IFRS 16
Learning and Development Academy by Grant Thornton
About our Workshop
International Accounting Standards Board (IASB) has recently notified new accounting standards IFRS 15 – Revenue from contracts with customers and IFRS 16 - Leases, mandatorily applicable from 1 January 2018 and 1 January 2019, respectively. Corresponding standards have also been issued under US GAAP. These standards represent culmination of years of research and deliberation among IASB and FASB.
IFRS 15
IFRS 15 will apply to most revenue arrangements, including constructions contracts. Among other things, it changes the criteria for determining whether revenue is recognised at a point in time or over time and provides more guidance in areas where current IFRSs are lacking including multiple element arrangements, variable pricing, rights of return, warranties and licensing. The actual impact on each company’s top line will depend on the industry, specific customer contracts and how they have applied existing standards.
IFRS 16
IFRS 16 represents the first overhaul of lease accounting for over three decades. The IASB has long considered the existing split between operating and finance leases as problematic as it has resulted in too much structuring and off-balance sheet financing. Therefore, IFRS 16 has done away with the operating versus finance lease distinction and requires accounting for all leases to be ‘on-balance sheet’ for lessees.