As we are gradually moving towards converged IFRS (known as IND-AS in India) in India, there are some rules which have been prescribed by the new accounting standard related to de-recognition of financial liabilities
In this article we will touch upon some potential changes/ differences where regulator and the Standard setters need to provide more clarity in order to make all such accounting treatments consistent across Industry
After the introduction of IFRS (called IND-AS in Indian perspective) in India, now all instruments that are issued by an entity will not accounted just based on..
Glitches during Migration to New Accounting System
accounting, auditing, IFRS, financial reports, certification etc
Brief about the treatment of fixed asset under IAS-16 PP&E( IFRS )
As the title itself suggests our point of discussion will be revolving around the first time adoption of Indian Accounting Standards, practical aspects, major impact areas, and approach for implementation.
bjective is to prescribe the accounting treatment for PPE, so that users can recognize information about the entity investment in PPE & changes in investment du..
The purpose is to provide users of the financial statements information about transaction, outstanding balances, including commitments
LIVE Course on GSTR-9 & GSTR-9C (Technical | Practical | Concept - Based)