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
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 ...
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 ...
Under these circumstances, it has become imperative for Indian corporate to converge with IFRS in the form of Ind AS for their financial reporting. The Government of India had committed to convergence of Indian Accounting Standards with IFRS from April 1, 2011. This study tries to analyze the ...
Mukherjee, UjjwalMukharjee, SudiptaVidyasagar University Journal of Commerce
Ind AS carve outs and challenges with International Financial Reporting Standards (IFRS)Priyanka Verma
The study also shows the convergence of Ind AS 16 with IAS 16/IFRS. The analysis shows that adaptation to IFRS convergence opens new avenues for the accounting profession followed by unforeseeable challenges.Dugar, PoonamTripathi, Vibha