Ind as

Tarun (CA Final Student) (89 Points)

08 March 2012  

Hello Friends ...

Can Anybody Plz solve this query of mine ...?

What is the exact difference b/w IFRS and IND AS ??

I suppose that IFRS in their coverged form are IND AS .... M i right ???

Now if i am right, as per per road map on IFRS - these are applicable from 01/04/2011(to some companies). But IND AS are not yet notified by the govt.

Then how come companies will be preparing financial statements as per IFRS / IND AS as these are4 not yet notfied ???