PIRON Consulting Acquires Fifty Percent Stake in REAL TIME BPO
PIRON Consulting has acquired fifty percent stake in
REAL TIME BPO and it will now be called ‘PIRON REAL TIME BPO’. This
stake has been acquired to strategically place PIRON for catering to
the IFRS outsourcing requirements. As corporate India prepares itself
for transition to International Financial Reporting Standards (IFRS),
PIRON consultancy realized the need for preparedness for IFRS expertise
demand and takes this holistic approach to meet the requirements.
“As major part of world is moving towards IFRS, hence PIRON is
sensing great outsourcing opportunity in IFRS accounting and compliance
related outsourcing work from these countries. PIRON would be doing all
its Europe outsourcing work on IFRS through this BPO. There is a
scarcity of IFRS experts in US also, so outsourcing would be the key
which would in turn benefit Indian IFRS Professionals”, explained Ankur
Aggarwal, CEO, PIRON Consulting.
“IFRS transition in Europe and US is a huge opportunity for the IFRS
Experts in India and holds a big business opportunity”, feels Mr.
Abhishek Asthana, Chartered Accountant and member of ICAI. Through this
acquisition, PIRON which is already very actively involved in IFRS
education, training and consulting will be able to place itself as an
organization which is providing end to end services in IFRS”, Mr.
Asthana added.
Many Indian companies have still not started investing time and
efforts on the implementation of this transition process considering
the overall lack of clarity on several key aspects. However, as this
clarity emerges and the deadline draws closer, consultants expect to
see a lot more companies working on implementing the changes and
increasing their internal readiness through technical up gradation,
process and technological changes which in turn should translate into a
big business for India Inc.
About Piron:
PIRON specializes in offering training and consulting services in
the sphere of accounting and finance. It provides comprehensive
solutions in the realm of IFRS through its various group companies.
PIRON Consulting, a division of PIRON Group, specializes in providing
tailor-made in-house training & consulting services in IFRS:
– Training on IFRS Overview, tailor-made detailed IFRS workshop and industry specific workshops.
– Assisting companies in impact analysis of IFRS adoption
– Designing the IFRS diagnostic kit for companies
– Providing consulting in first time adoption of IFRS
PIRON Education, another division of PIRON Group, specializes in
providing IFRS certification programs in alliance with its European
partners is providing training to corporate and individuals in Diploma
in IFRS (DipIFR), approved by ACCA, the world’s largest accountancy
institute. Piron is the only institution in India providing ACCA’s
officially approved study material of DipIFR and also certified with
the highly prestigious Gold Approved Learning Partner status by ACCA.
Available in 105 cities in India through Reliance World Centers and all
across the world through real time e-learning at www.flexiguru.com
Media contact details
Manleen Kaur,
Value 360 Communications,
+91 9810920020,
manleen@value360india.com, manleen@precision.org
