National Advisory Committee on Accounting Standards Almost Finalizes Drafting of the Converged Accounting Standards

National Advisory Committee on Accounting Standards Almost Finalizes Drafting of the Converged Accounting Standards Converged Standards will have to be Followed by Phase-I Companies W.E.F. 01.04.2011 Ministry of Corporate Affairs, after wide consultations with all stakeholders and regulators, has drawn up a clear roadmap for implementation of Indian Accounting Standards converged with IFRS. Converged Standards will have to be followed by Phase-I companies w.e.f. 01.04.2011. Th

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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