Dear Expert,
Can anyone explain me Difference between IND AS and IFRS?
Thanks in advance
Thanks
Vijith T K
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Difference between IND AS and IFRS?
Replies (4)
IND- AS - Indian Accounting Slandered for compliance of your Financial Statement and financial reports In India
IFRS - International Financial Reporting Standards
I am asking about difference...
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
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.
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.
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