Diff. bet. IFRS and IAS

 Dear Mayur,

First of all, hearty congratulations on qualifying CA. Please go through this small article on IFRS and convergence in India context. It is a beautiful article comprehensively summarizes all bais aspects you need to know about IFRS. Here goes the link: file:///F:/vasista/IFRS/The%20Hindu%20Business%20Line%20%20%20For%20smoother%20IFRS%20convergence.htm

regards,

Sriniwas VN.

Vasista Foundation

i think IAS & IFRS are same except that whatever was introduced before it was called IAS, now   these accounting standards are called IFRS and many of these IAS are now amended and introduced in the form of IFRS

 Yeah, Vasudha is correct. IFRS board took over from IASB board and the same is the case with many of the IAS.

yes she is rite.. ias is part of ifrs only.. old standard names with ias and new one is names with ifrs.. its like.. nayi glass mai purani sarab.. hahah

W.e.f June 2003, first IFRS was published. Before that, all Accounting standards released by IASB were named as IAS.

W.e.f June 2003, first IFRS was published. Before that, all Accounting standards released by IASB were named as IAS.

All those standard which is issued by IASB they named IFRS only..