I specialise in Ind AS/ IFRS, accounting advisory, valuations, corporate restructuring and due diligence reviews.

I have a post qualification experience of over 31 years.

I am founder and Director of Joy Financial Consulting Private Limited and Sole Proprietor of Joy Jain & Co., Chartered Accountants.

I am an Independent Director on the Board of Essar Power Gujarat Limited. I was earlier an Independent Director on the board of Essar Power Limited and EICL Limited.

I am also an independent member of the Rating Review Committee of ICRA Limited (A Moody’s Investors Service Company).

Lastly, I am also a Trustee on the Board of Literacy India – an NGO focusing on education and women empowerment through vocational training and providing means of employment.

I worked for PricewaterhouseCoopers (“PwC”) member firms in India and overseas for over 27 years including over 15 years as a partner. Within PwC, I have spent 4 months on secondment with Price Waterhouse, Hong Kong, and 16 months on secondment with Price Waterhouse, Australia (Sydney).

Within PwC, I had focused on accounting technical matters and have led teams focusing on IFRS and US GAAP and due diligence services in the North India region.

I have been carrying out valuations since 1992. Amongst valuation assignments, I have carried out share and business valuations, purchase price allocations, ESOP valuations, tangible assets valuations as well as intangible assets valuations such as brand, customer contracts, non-competition agreements and distribution networks for a large number of clients including listed companies, large multi-national companies, large domestic companies and others.

I have recently advised a listed entity on its  Indian Accounting Standards (“Ind AS”) implementation apart from other companies and has also provided training on Ind AS to a number of entities.

I have spoken on number of topics in various workshops/seminars organized by The Institute of Chartered Accountants of India (“ICAI”), ICSI and ICMAI. I have also spoken on television and has also written articles in newspapers and magazines.

I am also a faculty for Ind AS certificate courses being conducted by ICAI.

Education/ Memberships

I am a Chartered Accountant (Fellow Member of the Institute of Chartered Accountants of India “ICAI”) and a gold medalist in Chartered Accountancy final examinations.

I am also an Associate Member of The Institute of Costs Accountants of India (“ICMAI”).

Further, I am an Insolvency Professional  and a Registered Valuer, both registered with Insolvency and Bankruptcy Board of India (“IBBI”). I am a member of both  Indian Institute of Insolvency Professionals of ICAI and ICAI Registered Valuers Organisation.

I did my graduation (B. Com (Hons)) from Shri Ram College of Commerce, Delhi University and have also obtained a degree in Law from Shobhit University, Meerut.

I also hold a Diploma in International Financial Reporting (DipIFR) awarded by the Association of Certified Chartered Accountants, U.K (“ACCA”).  

I am also a Certified Corporate Director and a Fellow of the Institute of Directors. I have also passed the Self-Assessment Test for Independent Directors conducted by IICA as mandated by the Companies Act 2013.

I have attended Transformational Leadership programme in Indian School of Business, Hyderabad.

I also attended “Ulysses” – a responsible leadership and corporate social responsibility programme of PricewaterhouseCoopers meant for its partners. The programme involved classroom training, personal coaching and mentoring and working with an NGO in a foreign country with international participants for eight weeks. I spent eight weeks at Fundacion Paraguaya, Paraguay.

Contact details:

Email: joyjain@joyconsulting.in

Phone: +91 98101 88277