will it be correct if i say Indian GAAP and Accounting Standards is one and the same thing ? if it's same then why there are two names ? if not same then what is the difference ?? plz help..???
will it be correct if i say Indian GAAP and Accounting Standards is one and the same thing ? if it's same then why there are two names ? if not same then what is the difference ?? plz help..???
thanx sunrisers for attaching file but it has not answered my question as difference between igaap and as is not there. plz help somebody 1187878 members and still growing....?? doesn't somebody have the answer...??
Hi,
Indian GAPP is not came into existence
it is under proposal and it is not accepted till now
if it is came into existence than it is replaced with AS
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