The Indian IFRS are referred to as Ind-AS, and is a substantially diluted version of the IFRS issued by the International Accounting Standards Board. IFRS and Ind-AS differences are caused not only because the standards are diluted
key differences are with regards to accounting of real estate sales, foreign exchange losses, agriculture accounting, investment property, first-time adoption requirements and financial instruments
Business Line : Today's Paper / OPINION : A missed opportunity on IFRS
key differences are with regards to accounting of real estate sales, foreign exchange losses, agriculture accounting, investment property, first-time adoption requirements and financial instruments
Business Line : Today's Paper / OPINION : A missed opportunity on IFRS
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