Interview question
This query is : Resolved
29 May 2015
Dear Sir,
while i was attending an interview they ask me which accounting standard you are useing in your company.i have little knowledge about GAAP,IAS,IFRS. how can i find out this (presently m working in abroad)
while i was attending an interview they ask me which accounting standard you are useing in your company.i have little knowledge about GAAP,IAS,IFRS. how can i find out this (presently m working in abroad)
CA R SEETHARAMAN
(Expert)
29 May 2015
If you ask your accounts dept responsible for finalizing the accounts they will tell you.
You can see the accounting policy of the company from their annual report.
You can see the accounting policy of the company from their annual report.
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29 May 2015
sir i want to know both IFRS AND IAS we can use for finalizing ?
CA R SEETHARAMAN
(Expert)
29 May 2015
Presently you can only use IFRS. IFRS mainly based on IAS.
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