How will the IFRS will be incorporated in the books of account after they become mandatory as there are provisions in the companies act which says accounting standards are mandatory
3 Replies
Shashi Bhushan
(Learner, Jalandhar)
(996 Points)
Replied 04 December 2009
IFRS will be take place of AS. they will be followed in the same way like you are following AS.
Sunil Liladhar Kotak
(Manager (F & A))
(2025 Points)
Replied 05 December 2009
yes shashi is right
sunil
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