What is date of applicability of Ind AS and IFRS and to whom will they be applicable?
Also from when is New Schedule VI is applicable?
Dhruv Gaglani (Learning) (278 Points)
29 December 2011What is date of applicability of Ind AS and IFRS and to whom will they be applicable?
Also from when is New Schedule VI is applicable?
CA Chandan Singh
(Chartered Accountant)
(49 Points)
Replied 05 January 2012
Dear Dhruv,
Revised Schedule VI will be applicable to financial statements of all companies being prepared on or after 1st April, 2011
Dhruv Gaglani
(Learning)
(278 Points)
Replied 06 January 2012
CA Miss Naamah
(N H R & Associates)
(377 Points)
Replied 09 February 2012
In Ind AS 101 - First time adoption of Indian Accounting Standard - it says, its applicable from 1st April 2011.
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