28 May 2012
Hi Tanusha, Applicabiity for Nov 12 Exams: 1.Indian Accounting Standards converged with the IFRS (Known as Ind AS): NOT applicable. 2) AS 1-29 and all 15 Guidance Notes: Fully Applicable.
29 May 2012
Ifrs means international financial reporting standards which are used internationally and Ind AS means Indian accounting standards which are required to be followed in India
29 May 2012
sir u said "Indian Accounting Standards converged with the IFRS (Known as Ind AS)".... mtlb jo ab AS applicable hai nov mein vo bi IndAS khe jate hai..nd new vale bi IndAS..
CAclubindia
