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Category Archives: IFRS
Ind AS vs AS
The Ind AS are Indian Accounting Standards which are converged with IFRSs. The Indian Accounting Standards are generally the same as IFRSs. While formulating the Indian Accounting Standards, the aim of the ICAI has always been to comply with the … Continue reading
IFRS
IFRS stands for International Financial Reporting Standards. IFRS are issued by the International Accounting Standards Board (IASB). These standards are increasingly being recognized as Global Reporting Standards. Presently IFRS have been applied in more than 100 countries. Institute of Chartered … Continue reading