Corporate Trainer
383 Points
Joined November 2010
IASs are the international accounting standards issued until 2001. From 2001, any new accounting standards issued is referred to as IFRS.
IND-AS are indianised version of IFRS (though globally these are not accepted). Companies including Wipro, Airtel, Infosys prepare their financial statements under IFRS (for global listing), and under AS (Indian Accounting Standards) for SEBI listing requirements.