TY - GEN AU - PATEL, BHAUTIK A AU - TAMBOLI, KAUSHIKKAMAR B TI - Convergance of Indian accounting standards with IFRS: Prospects, difference and challenges PY - 2014/// KW - ACCOUNTING N2 - Now a day's International financial reporting standards is buzz word and burning issue for implementation. Each country had its own rules and regulation besides generally accepted accounting practices for depicting financial statement. In time ofglobalization each company wants to grasp the opportunity at global level it is very hard to understand numbers and take decision for stakeholders and management ER -