IFRS or IAS ?

Hi,

Dont worry yar, ICAI has clearly stated that the indian accounting standards will not be replaced by IFRS but they will be brought in the line with IFRS. many accounting standards are already in the line with IFRS and other are pending revision. So there will be an adaption of IFRS rather than its adoption.

The Good book on IFRS/Accounting Standards is MP Vijay Kumar.

All The Best.

IFRS is just upgraded version of IAS.... so this is necessary to learn and get trained....