The client is one of the largest non-banking financial services companies in India, with a focus on loans to the power sector.
We implemented the ECL model and converted their financials to the Indian Accounting Standards (Ind AS), which is a converged IFRS.
The following activities were performed in ECL implementation:
Chetan has more than 16 years of experience in servicing large national and multinational clients in the areas of Assurance, Indian GAAP, US GAAP and IFRS technical accounting advisory, specifically in the areas of financial instruments, leases, consolidation, revenue recognition, business combinations, and cryptoassets/ cryptocurrencies.
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