Devoted Research | Deep Insights
Detailed Study | Definite Value Addition
CA. Parag Kulkarni, founder of Ind AS Lab, commenced laboratory with a thought to build not only an accounting and financial firm, but also a door which facilitates Accounting and Financial Research. It redefines the language of accounting based on innovative approach, scientific methodologies, latest techniques, and proven experience.
Our knowledge, integrity, creativity, and unmatched sense of commitment help your business to comply complex regulations, bring analytical stimulus, and improve financial reporting. We offer six core services which are customised to suit your business needs – Para by Para Analysis (Videos), Ind AS Transition Service, IFRS Annual Reports, Corporate Trainings, Ask an Expert, and Ind AS Blog.
We speak the language of business through accounting in a more simplified way. We extricate applicable guidance from ‘Indian Accounting Standards’; process various relevant provisions; and dissect your business to mutate it into simplified and insightful accounting blueprints. We offer a complete new learning way with our customised video series consisting of 800+ flow Charts, Para by Para Analysis, and Myth Busters.
We are proud Partners in Learning with
National Institute of Financial Management (NIFM),
An Institute of Ministry of Finance, Govt. of India
Sharp & Tannan Associates, CA Firm
No matter what the problem is, we are here to help
The first seed was sown as the foundation of Ind AS Lab on 16 February, 2015 after a long run of 3 years of research and 5000+ hours of effective work; and which has emerged as a 360 degree learning experience.
Ind AS Lab is not only about accounting but also about an “Accounting Research Laboratory” where we innovate an array of techniques, approaches and visualization every day for every business needs.
We help you creating long lasting mind maps through unique tools such as Para by Para Analysis, flow charts, and stimulus. Be a master of Ind AS and its appendices with appropriate planning model, innovative techniques, apt methodologies, and perfect coach.
Parag Kulkarni is the very first & youngest Indian to complete CA exams from India, USA, England & Wales. He is an associate member of Institute of Chartered Accountants in England & Wales (ICAEW) and Institute of Chartered Accountants of India (ICAI). He has also completed Diploma in IFR from the Association of Chartered Certified Accountants (ACCA), London and IFRS Certification from ICAI.
He has received High Honor from New York Stern Business School from the august hands of Valuation Guru Aswath Damodaran for his exemplary performance in the subject – valuation. He is known for performing Monte Carlo Simulations and valuations of complex instruments such as OCD, CCPS, and American ESOP. Under the brand of Indaslab he has performed valuations worth more than Rs.15,000 Crore after achieving valuation rights from IBBI in India.
Presently he is performing valuations in USA, Europe, Singapore, India, and UAE.
Parag has worked on certain large assignments in BFSI Sector on Convergence of financial statements prepared under Indian GAAPs to reporting under IFRS to comply overseas listing requirements as a part of business acquisition report consisting of 31 Indian and Foreign subsidiary/associate entities (located in countries such as Singapore, Canada, Sri Lanka, Malaysia, Mauritius, Hong Kong and USA) successfully delivered a qualitative subsequent reviews of implementation process of New Indian Accounting Standards (Ind-AS) at large listed entities in FMGC and Power Sector. Parag, through Ind AS Lab, has collaborated with Sharp & Tannan Associates to provide Ind AS transition services as ‘Partners in learning’
He has taught more than 5000 Indian Chartered Accountants for IFRS Certification and IFRS Intensive Course conducted by ICAI. His noteworthy addresses include his deliberations at:
- Comptroller and Auditor Generals (C&AG) of India for Commercial Auditors
- National Institute of Banking and Management (NIBM) for Bankers from Nationalised Banks
- Renowned companies including Tata Motors, HUL and Oil India for Teams of CFOs
- ICAI through three Live IFRS webcasts for Chartered Accountants
- IIM Ranchi (Finance Club) for Students