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Cracking the Finance Code

Cracking the Finance Code

Written by: Devansh Gupta
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Uncover the mysteries of the financial world with Cracking the Finance Code - an insightful podcast bringing you an in-depth analysis on the developments in finance and accounting.

Join host Mr. Devansh Gupta as he breakdown complex concepts around Indian and international accounting standards in simple terms every week. Learn about the formulation and evolution of reporting policies over the years. Hear from industry experts on how standards like Ind AS and IFRS have enhanced transparency for businesses and investors.

This podcast will act as your guide to navigating through financial globalization as we trace the need for unified rules that meet the demands of modern commerce today. Tune in as we discuss emerging trends around ESG norms, cryptocurrency accounting and climate risk disclosures. Download new episodes every Tuesday for your dose of decoding financial statements! Interact with us right here on this community page as we aim to make finance fun and accessible for everyone. Let's crack the code together!

So come on over to learn, discuss and engage with other finance enthusiast like yourself. Excited for you to join our community!

Devansh Gupta 2024 Economics
Episodes
  • Decoding the Evolution of Accounting Standards

    Decoding the Evolution of Accounting Standards
    Feb 5 2024

    Episode Title: Decoding the Evolution of Accounting Standards

    In this episode we explain the need for standardized accounting practices and trace the journey from GAAP to global IFRS adoption. We focus specially on Indian Accounting Standards (Ind AS) and their growing alignment with international financial reporting benchmarks.

    Key Takeaways:

    - Purpose of accounting rule-setting for unified guidance

    - Shift from localized GAAP to globally accepted IFRS

    - Gradual timeline for development and revision of Ind AS

    - Practical influences on financial reporting and disclosures

    - Ongoing updates to address emerging economic issues

    - The future role of standards in strengthening capital markets

    Sources Referenced:

    - ICAI's Ind AS roadmap

    - Deloitte's IFRS in India report

    - PwC analysis on Ind AS impact

    Podcast Host: Mr. Devansh Gupta

    Guest Interviewee: CA Khushi Khandelwal
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    3 mins
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