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Querist : Anonymous

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Querist : Anonymous (Querist)
07 July 2010 what is the difference between convergence & adoption of IFRS.plz reply me soon.

07 July 2010 Convergence means accepting the extract of International Accoounting Standards (IAS or IFRS)which we think relevant and suitable for our country by taking into consider all relevant points.

Adoption of IFRS means accepting as it is without changing anything

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 July 2010 CAN ANY1 TEL ME MAJOR DIFFERENCE BETWEEN AS 14 AND IFRS 3.PLZ LET ME KNOW



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