Stage now set for implementing Accounting Standards converged with IFRS

CA. Rajvir Bhatnagar , Last updated: 10 March 2015  
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Ministry of Corporate Affairs has finally announced the Companies (Indian Accounting Standards) Rules, 2015 for applicability of Accounting Standards converged with IFRS. A notification in this regard has been issued on 16th February, 2015. Importantly, the Notification also clarifies and sets at re

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