Accounting Standards · Audit & Assurance · Financial Reporting · Capital Markets

CA. (Dr.) Anand J. Banka

Partner, Risk & Quality (Accounting), Audit & Assurance, BDO India (MSKC & Associates LLP)

A senior financial-reporting and technical-accounting leader with more than 18 years of experience across audit, investment banking, listed-company reporting and cross-border advisory.

IFRS & Ind ASFinancial InstrumentsDerivatives & Hedge AccountingFair Value & ValuationAudit QualityFinancial ReportingECL & ImpairmentIPO Readiness

Teaching focus

Learning shaped by professional practice

IFRS and Ind AS implementation for complex transactions
Financial instruments, derivatives, hedge accounting and fair-value measurement
Audit quality, technical accounting judgements and listed-company reporting

Professional journey

Experience

Partner, Risk & Quality (Accounting), Audit & Assurance

BDO India (MSKC & Associates LLP)

Serves as national technical-accounting and audit-quality leader for complex Ind AS and IFRS judgements.
Leads Western Region accounting advisory and develops firm-wide policy, guidance and training.

Director, Technical Accounting Group - EMEA & APAC

Barclays Global Service Centre

Led India technical-accounting support for EMEA and APAC across fixed income, equities, derivatives, structured credit and investment securities.
Advised transaction-review committees and partnered with Risk, Treasury, Product Control, Regulatory Policy and external auditors.

Deputy Head - Group Reporting & Controllership

Vedanta Limited

Directed Ind AS reporting and IFRS compliance across more than 20 entities in a multi-jurisdiction listed group.
Owned technical papers for boards and audit committees covering impairment, ECL, derivatives, hedging and fair value.
Accelerated year-end and group reporting and received the Chairman's Award three times.

Senior Advisory and Practice Leadership

EY, Talati & Talati, KPMG and Haribhakti/BDO

Built and led advisory practices covering Ind AS, financial instruments, ECL, hedge accounting and IPO readiness.
Contributed to the BDO International IFRS Working Party.

Knowledge contributions

Selected contributions and publications

Author of nine books on Ind AS, IFRS and Indian GAAP

Ind AS Simplified - five editions

I-GAAP Practical Approach

Contributor to ICAI/WIRC, Bombay Chartered Accountant Journal, Nepal Chartered Accountant Journal and ICWAI WIRC publications

ICAI International Research Awards 2021 - Silver Shield

Young Achiever Award 2020

Course Director Council

Accounting Standards · Audit & Assurance · Financial Reporting · Capital Markets

CA. (Dr.) Anand J. Banka

Partner, Risk & Quality (Accounting), Audit & Assurance, BDO India (MSKC & Associates LLP)

A senior financial-reporting and technical-accounting leader with more than 18 years of experience across audit, investment banking, listed-company reporting and cross-border advisory.

IFRS & Ind ASFinancial InstrumentsDerivatives & Hedge AccountingFair Value & ValuationAudit QualityFinancial ReportingECL & ImpairmentIPO Readiness

Teaching focus

Learning shaped by professional practice

IFRS and Ind AS implementation for complex transactions
Financial instruments, derivatives, hedge accounting and fair-value measurement
Audit quality, technical accounting judgements and listed-company reporting

Professional journey

Experience

Partner, Risk & Quality (Accounting), Audit & Assurance

BDO India (MSKC & Associates LLP)

Serves as national technical-accounting and audit-quality leader for complex Ind AS and IFRS judgements.
Leads Western Region accounting advisory and develops firm-wide policy, guidance and training.

Director, Technical Accounting Group - EMEA & APAC

Barclays Global Service Centre

Led India technical-accounting support for EMEA and APAC across fixed income, equities, derivatives, structured credit and investment securities.
Advised transaction-review committees and partnered with Risk, Treasury, Product Control, Regulatory Policy and external auditors.

Deputy Head - Group Reporting & Controllership

Vedanta Limited

Directed Ind AS reporting and IFRS compliance across more than 20 entities in a multi-jurisdiction listed group.
Owned technical papers for boards and audit committees covering impairment, ECL, derivatives, hedging and fair value.
Accelerated year-end and group reporting and received the Chairman's Award three times.

Senior Advisory and Practice Leadership

EY, Talati & Talati, KPMG and Haribhakti/BDO

Built and led advisory practices covering Ind AS, financial instruments, ECL, hedge accounting and IPO readiness.
Contributed to the BDO International IFRS Working Party.

Knowledge contributions