Applicability of ias
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 December 2014
We are talking of IFRS which is to be implemented in phases effective April 1, 2016 with corresponding figures of previous year to be modified. AS are to be convereged for applicability of IFRS. Would 35 IAS as hoisted on MCA site be applicable or would AS as prescribed by ICAI be taken as base for convergence of IFRS?
Thanks in advance.
Thanks in advance.
11 December 2014
pls wait for an official notification by the relevant authority.
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