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. (more…)