where ind As and where As are used
I am not clear about this concept
pls help
AS were the older standards which were initially established in India as required for the local standards and accounting practices.AS-ACCOUNTING STANDARDS,CONSIDERED AS THE BASE MODEL FOR LEARNING STANDARDS OF ACCOUNTING.
IND AS Is the convergence of old AS towards global standards of accounting practices
IND AS-INDIAN ACCOUNTING STANDARD which is currently in practice.
CAclubindia
