As and Ind AS

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Aravind.. (Querist)
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09 June 2011 As new Indian accounting standards are released, what will be the applicability of accounting standards for exam. will it be Ind As or AS or both?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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09 June 2011 From examination point of view, more emphasis is given on Indian Accounting Standards.
It will be an added advantage if comparative study of both Indian as well as International Accounting Standard is done.

Aravind..

Aravind.. (Querist)
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09 June 2011 Is there any major differences between Ind As and AS?

CA Sumat Singhal

CA Sumat Singhal (Expert)
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09 June 2011 After implementation of IFRS THERE WILL BE TWO SET OF accounting standard, first AS and second Indian accounting standards converged with IFRS , in exam point of view u have to read only AS . Some refrence if possible can be given of international AS or US GAAP.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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09 June 2011 You may purchase latest published Taxmann Students Guide to Accounting Standard Authored by Shri D S Rawat.

In this book reference to IFRS, International AS etc.. has been analytically
mentioned.

Aravind..

Aravind.. (Querist)
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09 June 2011 thanks for your help

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