IFRS in India
SRIVASTAVA, ANUBHA
IFRS in India Challenges and opportunities - 2012 - 6-32
Accounting is the lingua franca of business. In India, financial statements are guided by certain set of principles and concepts. In order to maintain uniformity, the accounting standards in India are issued by the Institute of Chartered Accountant of India in consultation with NACAS. The ICAI, recognizing the need to hormonize the diverse accounting policies and practicees in use in India, constituted the Accounting Standards Board on April 21, 1977.
IFRS
657.3
IFRS in India Challenges and opportunities - 2012 - 6-32
Accounting is the lingua franca of business. In India, financial statements are guided by certain set of principles and concepts. In order to maintain uniformity, the accounting standards in India are issued by the Institute of Chartered Accountant of India in consultation with NACAS. The ICAI, recognizing the need to hormonize the diverse accounting policies and practicees in use in India, constituted the Accounting Standards Board on April 21, 1977.
IFRS
657.3