Appendix D to Ind AS 101. Such an entity may continue to apply the accounting policy so opted for such long-term foreign currency monetary items. Definitions 8 The following terms are used in this Standard with the meanings specified:
Mukherjee, UjjwalMukharjee, SudiptaVidyasagar University Journal of Commerce
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...
(b) of clause (iii) of sub-rule (1), as the case may be:' It would be noted from the above that where a company does not meet both the listing criterion [clause (a)] and the net worth criterion [clause (b)], it is required to apply Ind ASs if, and ...
Indian corporations, like their counterparts around the world, are working to ensure compliance with Ind AS 116 - the local equivalent of theIFRS 16 accounting rule- which is mandated by the Ministry of Corporate Affairs and came into effect in April 2019.1In examining the likely impact of the...
Therefore, the localization must be analyzed by prospective customers or a tax professional, such as an accounting and tax auditor, a tax law firm, or a tributary consulting firm that can assess whether the functionality will meet the customer's business needs, or whether custom solutions are ...
protection (ERP) by following Topalova and Khandelwal (2011) to measure the net effect of tariff liberalization accounting for both final goods and input tariff reductions. The exact formulation of input tariff and ERP for thejth industry at timet, as defined by Corden (1966) is given as: ...
As for India developing a Plan B (or a Plan A) in dealing with Communist China, my ten articles republished here yesterday provide an outline of both. Posted in Accounting and audit, Arunachal Pradesh, Assam, China's expansionism, China's military, China's wars, China-India Relations, Chi...
(BOB), Canara Bank, ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, Kotak Mahindra Bank, IndusInd Bank, YES Bank, IDFC Group, IDBI) were regarded as object of comparison and the results from each case from similar group (amongst three branches of SBI or three branches of PNB) are ...
The overall economic growth rate of the state is expected to be at a compound annual growth rate of 7% until 2051, and is likely to remain the highest contributor, accounting for about 12.8% of national GDP by 2051 [12], which may correspond to its position as largest contributor to ...