Difference between igaap and as ?

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will it be correct if i say Indian GAAP and Accounting Standards is one and the same thing ? if it's same then why there are two names ? if not same then what is the difference ?? plz help..???

Replies (4)

Please Find The Attached File Wherein You Can Find There Is Comparison Made Between

IFRS, IGAAP & AS. 

 

 

 

yesyes

thanx sunrisers for attaching file but it has not answered my question as difference between igaap and as is not there. plz help somebody 1187878 members and still growing....?? doesn't somebody have the answer...??

Hi,

Indian GAPP is not came into existence

it is under proposal and it is not accepted till now

if it is came into existence than it is replaced with AS

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