Core differences

Rabin S. (C.A. Final) (136 Points)

03 November 2011  

what are the main differences between IAS and IFRS...? and which one is india going to converge basically and primarily.....? does the converged accounting standards & indian accounting standards mean the one and same thing or they are different standards....?what one should focus for may 12 exam....is it IAS or IFRS......? please tell concisely....i m not 100% clear....