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difference between as and ind-as
are they same ?
Replies (7)
No...AS - Historical cost
Ind AS - carrying cost.
Ind AS - carrying cost.
No...AS - Historical cost
Ind AS - carrying cost.
Ind AS - carrying cost.
No..ind AS were created taking some references from IFRS. There are various differences in AS and Ind AS.
Difference in AS & Ind AS - AS 16 vs Ind AS 23 (Borrowing Costs)
https://youtu.be/hhAJnysdgng
Difference in AS and Ind AS - AS 2 vs Ind AS 2
https://youtu.be/DowstExpNio
Difference in AS & Ind AS - AS 3 vs Ind AS 7 Cash Flow)
https://youtu.be/zVt11LkogNI
Difference in AS & Ind AS - AS 16 vs Ind AS 23 (Borrowing Costs)
https://youtu.be/hhAJnysdgng
Difference in AS and Ind AS - AS 2 vs Ind AS 2
https://youtu.be/DowstExpNio
Difference in AS & Ind AS - AS 3 vs Ind AS 7 Cash Flow)
https://youtu.be/zVt11LkogNI
No..ind AS were created taking some references from IFRS. There are various differences in AS and Ind AS.
Difference in AS & Ind AS - AS 16 vs Ind AS 23 (Borrowing Costs)
https://youtu.be/hhAJnysdgng
Difference in AS and Ind AS - AS 2 vs Ind AS 2
https://youtu.be/DowstExpNio
Difference in AS & Ind AS - AS 3 vs Ind AS 7 Cash Flow)
https://youtu.be/zVt11LkogNI
Difference in AS & Ind AS - AS 16 vs Ind AS 23 (Borrowing Costs)
https://youtu.be/hhAJnysdgng
Difference in AS and Ind AS - AS 2 vs Ind AS 2
https://youtu.be/DowstExpNio
Difference in AS & Ind AS - AS 3 vs Ind AS 7 Cash Flow)
https://youtu.be/zVt11LkogNI
No..ind AS were created taking some references from IFRS. There are various differences in AS and Ind AS.
Difference in AS & Ind AS - AS 16 vs Ind AS 23 (Borrowing Costs)
https://youtu.be/hhAJnysdgng
Difference in AS and Ind AS - AS 2 vs Ind AS 2
https://youtu.be/DowstExpNio
Difference in AS & Ind AS - AS 3 vs Ind AS 7 Cash Flow)
https://youtu.be/zVt11LkogNI
Difference in AS & Ind AS - AS 16 vs Ind AS 23 (Borrowing Costs)
https://youtu.be/hhAJnysdgng
Difference in AS and Ind AS - AS 2 vs Ind AS 2
https://youtu.be/DowstExpNio
Difference in AS & Ind AS - AS 3 vs Ind AS 7 Cash Flow)
https://youtu.be/zVt11LkogNI
As there are some of the concepts in IFRSs, which are impracticable to implement practically in Indian business environment, Ind AS were formulated with modifications. And applicability also defers for both.
As there are some of the concepts in IFRSs, which are impracticable to implement practically in Indian business environment, Ind AS were formulated with modifications. And applicability also defers for both.
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