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Detailed Analysis of Differences Between Ind AS and IFRS

CA, CS, CMA : Detailed Analysis of Differences Between Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFR...

June 24, 2024 1290 Views 0 comment Print

IND-AS 115, IFRS 15, ‘Revenue From Contracts With Customers’

CA, CS, CMA : Explore the intricacies of revenue recognition under Ind AS 115 and IFRS 15, Revenue from Contracts with Customers. Understand the...

June 12, 2023 26181 Views 0 comment Print

Overview of Accounting Standards, Ind AS and IFRS

CA, CS, CMA : Unlock the complexities of Accounting Standards, Ind AS, and IFRS with our comprehensive overview. Navigate the global standards s...

May 16, 2023 45969 Views 1 comment Print

Contingent Liabilities & Assets while Preparing Financial Statements as Per AS, IND AS & IFRS

CA, CS, CMA : Understand Contingent Liabilities & Assets & how to treat them when preparing Financial Statements as per AS, IND AS & IFRS...

December 29, 2022 22671 Views 0 comment Print

Go Global with knowledge of IPSAS- Internationally accepted Accounting Language for Governmental Accounting

CA, CS, CMA : International Public Sector Accounting Standards (IPSASs) are a set of accounting standards issued by the IPSAS Board (IPSASB) fo...

November 10, 2021 1440 Views 1 comment Print


Latest News


IASB’s Exposure Draft: Amendments to Financial Instruments Standards

Corporate Law : Explore proposed amendments to IAS 32, IFRS 7, and IAS 1 in the Exposure Draft by IASB. Learn how the changes address challenges i...

December 12, 2023 369 Views 0 comment Print

Exposure Draft on Amendments to Classification & Measurement of Financial Instruments

CA, CS, CMA : Exposure Draft on Amendments to the Classification and Measurement of Financial Instruments (Proposed amendments to IFRS 9 and IFR...

May 11, 2023 639 Views 0 comment Print

Third edition of the IFRS for SMEs Accounting Standard

CA, CS, CMA : To contribute to standard setting at international level, Exposure Draft of third edition of IFRS for SMEs Accounting Standard is...

October 16, 2022 1131 Views 0 comment Print

Staff draft of the IFRS Sustainability Disclosure Taxonomy

CA, CS, CMA : Staff draft of IFRS Sustainability Disclosure Taxonomy is issued by the IFRS Foundation for the public views. This draft sets out ...

July 21, 2022 423 Views 0 comment Print

IFRS Foundation document issued for comments

CA, CS, CMA : IFRS Foundation document issued for comments: IFRS Taxonomy 2021-Proposed Update 3 Initial Application of IFRS 17 and IFRS 9-Compa...

December 23, 2021 429 Views 0 comment Print


Latest Notifications


Implementation of Ind AS in Insurance Sector deferred for 2 Years

Corporate Law : Implementation of Ind AS in the Insurance Sector in India has been deferred for a period of two years and the same shall now be im...

June 28, 2017 957 Views 0 comment Print

MCA Press Release No. 3/2010 on Implementation of IFRS Dated 31st March, 2010

Company Law : In the meeting held on 29th March, 2010, the Core Group deliberated and approved the Roadmap recommended by Sub-Group I in respec...

March 31, 2010 1171 Views 0 comment Print

MCA Press Release No. 2/2010 on Implementation of IFRS dated 22.01.2010

Company Law : The Press Information Officer, Press Information Bureau, Ministry of Information and Broadcasting, with the request that the above...

January 22, 2010 715 Views 0 comment Print


IFRS – Euphoria over certain doom

February 4, 2011 715 Views 0 comment Print

Many people have articulated about the possible ill-effects of the proposed introduction of IFRS in India but such dissenting voices are muffled in the said euphoric din by those who neither understand nor bother to understand the implications. IFRS

ICAI inks MoU to train accountants in UAE

January 29, 2011 876 Views 0 comment Print

DUBAI: Institute of Chartered Accountants of India (ICAI) has signed an MoU with an Abu Dhabi-based research institute to train mid-rank accountants in the UAE . ICAI and Centre of Excellence , Research and Training (CERT), the commercial arm of the

Women power comes to the fore – ICAI

January 28, 2011 315 Views 0 comment Print

Institute of Chartered Accountants of India president Amarjit Chopra today said women taking up accounting profession have increased recently. Addressing the members of the local chapter Chopra said nearly 40 per cent of the 6 lakh students currently

Assocham calls for gradual transition to avoid hiccups'

January 27, 2011 298 Views 0 comment Print

Amid confusion surrounding the progressive implementation of International Financial Reporting Standards from April, 2011, industry body Assocham has suggested that companies should initially be asked to only prepare their consolidated accounts as pe

IFRS likely to be promulgated by early next month

January 18, 2011 219 Views 0 comment Print

An ordinance to notify IFRS is likely to be promulgated by early next month. Sources tell us that IFRS convergence standards, what will now be called IndAS have been vetted by the ministry of law. Infact the changes which need to be made to the compa

Corporate Affairs Minister unveils sweeping plans to meet IFRS deadline

January 15, 2011 313 Views 0 comment Print

Last year, the Prime Minister’s Office had asked the Ministry of Corporate Affairs for further consultations. “PMO had desired that we do further consultations (with the industry). The additional consultations which we were called for are over and we

ICAI, AIA of UK sign joint declaration to benefit CAs and students

January 12, 2011 874 Views 0 comment Print

THE ICAI and the Association of International Accountants, UK have signed Joint Declaration to benefit both, the Chartered Accountants and the students who pursue CA course. An Honorary membership of the AIA was also conferred upon the President of t

Transition to IFRS accounting norms from April – Khurshid

January 6, 2011 364 Views 0 comment Print

Corporate Affairs Minister Salman Khurshid today said the April 2011 deadline for the transition of Indian accounting standards to international norm IFRS will be met and all issues, especially those related to tax implications, have been resolved.

ICAI- IFRS not must for agricultural companies

January 5, 2011 330 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) has said that the agriculture companies might not have to converge fully with international financial reporting standards (IFRS) and a part of their convergence process would be deferred by anoth

300 Companies to adopt IFRS from 1st April 2011

January 4, 2011 225 Views 0 comment Print

The government will stick to its April 1 deadline for 300 large companies to align their accounts with global financial reporting norms, despite concerns raised by an industry lobby. India will have to honour the commitment made at the G20 summit,

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