Financials under ifrs

CA Bijay Shrestha (Never Give up....No matter what....)   (858 Points)

08 December 2017  

Dear Friends,

Many Indian Listed Companies prepare their Financials as per IndAS as applicable and required by Law in India. But they also prepare Financials under IFRS.

 

Now my doubt is -  When these companies are required to prepare Financials under IFRS and for what purpose? Is it Mandatory?

 

 

Please kindly suggest.