The paper discuss the problems faced by the stakeholders (Regulators, Accountants, Firms etc) in the process of adoption of IFRS in India and the present state of affairs in converging with IFRS/Ind AS.DhankarAmitRajGupta
As India being one of the global players, transition to IFRS will enables Indian firms to have access to international capital markets. This paper explains the impact of applicability of IFRS, challenges that will come up and its adoption phases in India. It also discusses the problems faced ...
India has committed to converging Indian accounting standards to IFRS at the 2009 G20 Summit. In reference to this, the Government of India's Ministry of Corporate Affairs (MCA) previously introduced a combination of Indian Accounting Standards (Ind AS) and International Financial Reporting Standards...
Differences Between Ind AS and IFRS Can Full Convergence Ever… 热度: A Corporate Accounting and Reporting Standard 热度: AS 1391-2007 Metallic materials-Tensile testing at ambient temperature (Australian Standard) 热度: 891 IndianAccountingStandard(IndAS)21 ...
It is quite common where an entity provides some amounts as Share Application Money for the sake of allotment of such shares in future. The amount in substance will be advance given for such investment and the entity is waiting for the same to be converted into an Equity in future. Now,...
assessment in case any situations changes. One has to look into all related facts and patterns before concluding this type of assessment based on this concept. Reader is requested not to take this article as any kind of advice and should evaluate all relevant factors of each individual cases ...
The Institute of Chartered Accounts of India (ICAI) said ”IND AS 115, based on IFRS 15 Revenue for Contracts with Customers, is the culmination of IFRS and US GAAP (Generally Accepted Accounting Principles) convergence project. Information about revenue is essential and is used to assess a ...
asuch as mud-rock flow, water pollution, sandstorms, global warming and so on. 例如泥岩石流程,水污染,沙尘暴,全球性变暖等等。[translate] aas in the previous year , the group's financial statements were produced in accordance with ifrs 和在去年,小组的财政决算制造了与ifrs符合[translate] ...
EFFECT OF IFRS AND IND AS ON THE FINANCIAL STATEMENTS OF LISTED INDIAN COMPANIES: A COMPARATIVE ASSESSMENTRao, NageshwarBedia, D. D.Shrivastava, KshemaJournal of Commerce & Accounting Research
Ind AS carve outs and challenges with International Financial Reporting Standards (IFRS)Priyanka Verma