international financial reporting standards

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karthik (Querist)
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10 January 2009 as ifrs is a hot topic discussed around the world.... i ve selected ifrs as my topic for my projece... i m trying to find out the impact of implementing ifrs on indian companies balance sheets and other books which at present using indian gaap... can anyone guide me regarding how o proceed??? can anyone tell me which indian cmpaie already implemented ifrs at present??

CA Mani

CA Mani (Expert)
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10 January 2009 Right now Indian Co's are using IFRS to translate their accounts into foreign currencies.

To understand the impact, I can forward you a presentation on significant diff's between AS & IFRS.

Mail me at manikanta_03@yahoo.co.in