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Should we prepare AS or IFRS for CA Final May 2011
Should we prepare AS or IFRS for May 2011 CA final accounts paper?
Please suggest any good students edition on IFRS, if any.
Replies (1)
u ll have to read the converged accounting standards(Convereged AS in line with corresponding IFRS/IAS ). So far only few have converged and rest are in exposure draft stage and few yet to be rolled out.
I would suggest you to use MPV's book for accounting standards. In which difference has been drawn for each and every standard with the corresponding IAS/IFRS. Institute material should also be given a reading.
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