what is difference between Ifrs & Ind As? Indian companies are mandate to use Ind As or Ifrs?
3 Replies
mohammad
(article assistant)
(123 Points)
Replied 02 June 2018
THE FULL FORM WILL EXPLAIN YOU THE DIFFERESCE BETWEEN IFRS AND IND AS. IFRS IS ACRONYM OF INTERNATIONAL FINANCIAL REPORTING STANDARDS AND IND AS IS INDIAN ACCOUNTING STANDARD.
SO INDIAN COMPANIES WILL HAVE TO FOLLOW IND AS.
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