Indas not applicable till nov 15 (unofficial)

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This was said in first FR class by MP Vijaykumar(MPV sir) . The Government has stalled the development of the framework of IndAS for some time and it will not move forward until elections. Therefore it is 99% certain that IndAS will not be applicable till Nov 2015 ..

I am merely posting what I heard from him and therefore this is very much unofficial as he is not a BOS member.

Thanks

Jairam

 

Replies (2)
Yes. MPV sir is right. Thanks for the info.
Do u mean accounting standards

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