Indian accounting stndards
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2011
hello sir,
I have a trouble with regarding the understanding the IND AS.
My query is while transition of IND AS is there any impact on the profitability of organisation for the year in which transition took place
I have a trouble with regarding the understanding the IND AS.
My query is while transition of IND AS is there any impact on the profitability of organisation for the year in which transition took place
13 August 2011
Generally all the accounting standards are in same concept only, but the treatment of some items will be differ from standard to standard, so based on that your profit element also will impact while transition
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