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IFRS Applicable from F.Y ?

Aarush (Delhi) (1566 Points)

28 December 2009

Hi, Please let me know when IFRS will be applicable ? & are IFRS will be applicable to all the industries or will applicable to some specified industries? Is there any source or Link to read about these IFRS ?

Please steer !

Thanks & Regards

Gaurav Aggarwal

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3 Replies

(Guest)

i think IFRS will be applicable w.e.f. 1st April 2011

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CA Swapnil (job ) (1205 Points)
Replied 28 December 2009

please refer to icai journal for december..................it will be useful to you....IFRS will be applicable first to listed entitities....for SME it will be applicable in phases.

CA Swapnil (job ) (1205 Points)
Replied 28 December 2009

if u need a book then go for MP Vijay Kumar book - Introduction to IFRS....any of your friends in the final new course might also help you as IFRS are given in the final module of financial reporting.