AS 17 likely to change with convergence

riya , Last updated: 01 October 2007  
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Dolphy D’Souza The Institute of Chartered Accountants of India (ICAI) recently decided that Indian Accounting Standards will be fully in line with the IFRS (International Financial Reporting Standards) from April 1, 2011. The change from Indian GAAP (Generally Accepted Accounting Princip

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