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IFRS

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(Querist)
25 March 2011 What is International Financial Reporting Standard(IFRS), what relevancy of this, why AS is going to be discontinue?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
25 March 2011 To be comparable with foreign financial statements.

read here for more details
http://en.wikipedia.org/wiki/International_Financial_Reporting_Standards
http://www.ifrs.org/Home.htm

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