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Waht is IFRS ?

This query is : Resolved 

27 December 2010 Is it new name for ASs (Accounting Standards) or some what extra? Please clarify.

27 December 2010 https://www.caclubindia.com/forum/ifrs-in-india-key-aspects--110075.asp

https://www.caclubindia.com/forum/faq-on-ifrs---117402.asp

Please also see above links for details..

27 December 2010 International financial reporting system. In India AS 30, 31 and 32 has been issued in this connection.

28 December 2010 not satisfactory answers

28 December 2010 https://ifrs.icai.org/inner/resources/faqs_ciasc_ifrs.asp

Please see answer to question no 5 in above link.

Also see article from below link--

https://www.thehindubusinessline.com/mentor/2010/06/21/stories/2010062150341000.htm


06 March 2011 Friends...

IFRS Stand form International financial reporting standart...

its a composition of 9 IFRS and 41 IAS...

in india the first phase of IFRS implemented from 1st April 2011 subject to condition....


if need more detail...

mail me ur ID...at anil9810122191...

i will give u the standard books...

Thanks.
ANIL KUMAR MEENA
US GAAP & IFRS Consultant


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