Comparison of financial statements prepared as per internatioal financial reporting standards
NAGALE, ABHAY S
Comparison of financial statements prepared as per internatioal financial reporting standards and Indain GAAP - 2013 - 70-75
Indain has opted for convergence to international financial reporting standards i.e. Indian Accounting Standards will be more or less in line with IFRS. It is expected that once the new accounting standards are implemented, it will have a major impact on the financial statements of Indian Companies. The aim of this article is to analyse the major differences in the financial statements prepared as per Indian GAAP and IFRS.
FINANCIAL STATEMENTS
657.3
Comparison of financial statements prepared as per internatioal financial reporting standards and Indain GAAP - 2013 - 70-75
Indain has opted for convergence to international financial reporting standards i.e. Indian Accounting Standards will be more or less in line with IFRS. It is expected that once the new accounting standards are implemented, it will have a major impact on the financial statements of Indian Companies. The aim of this article is to analyse the major differences in the financial statements prepared as per Indian GAAP and IFRS.
FINANCIAL STATEMENTS
657.3