Difference between IND AS and IFRS?


T K Vijith   24 September 2019

T K Vijith

 1 likes  78 points

| My Other Post

Dear Expert,

Can anyone explain me Difference between IND AS and IFRS?

Thanks in advance

Thanks
Vijith T K

prasad Nilugal (Accountant and GST Practitioner . )     25 September 2019

prasad Nilugal
Accountant and GST Practitioner .  
 289 likes  4328 points

View Profile | My Other Post

IND- AS  - Indian Accounting  Slandered   for  compliance  of your Financial  Statement  and financial  reports  In India 

IFRS  -     International  Financial   Reporting  Standards 

T K Vijith   25 September 2019

T K Vijith

 1 likes  78 points

View Profile | My Other Post

I am asking about difference...

avater

Suresh J   25 September 2019

Suresh J

 2 points

View Profile | My Other Post

Sir Ind AS is like IFRS but we not adopted Accounting standards of IFRS but we convergence the Accounting standards of IFRS to Ind AS to meet up and have globally recognize of standards there is no difference between Ind AS and IFRS but we have made some changes in Ind AS for our economic environment

avater

sabyasachi mukherjee   03 October 2019

sabyasachi mukherjee

 83 likes  2146 points

View Profile | My Other Post

IFRS AND IND AS.
IFRS-
are set of accounting standards developed by International Accounting Standards Board places on developing standards based on sound and clearly stated principles.
IASC HAS ISSUED 41 ACCOUNTING STANDARDS.
THERE ARE 8 IFRS.
IND AS are accounting standards converged with with international and induan accounting standards.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »