queries regarding IFRS
This query is : Resolved
06 November 2008
HI,
I wanted to know whether indian a/cing standards will be in applicability ALSO after applicability of I.F.R.S.??
Secondly, What about IAS(international a/c. stds)..?? Will the financial statements be required to be disclosed on the basis of IAS OR AS IN CONTINUANCE..??
Pls let me know on my mail id
raghani_yogesh@yahoo.com
I wanted to know whether indian a/cing standards will be in applicability ALSO after applicability of I.F.R.S.??
Secondly, What about IAS(international a/c. stds)..?? Will the financial statements be required to be disclosed on the basis of IAS OR AS IN CONTINUANCE..??
Pls let me know on my mail id
raghani_yogesh@yahoo.com
S.Srinivasaraghavan
(Expert)
07 November 2008
The convergence has been planned for the financial year 2010-11, I believe. IAS has been 'taken over' by IFRS.
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