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Thread: IFRS and India GAAP

  1. #1
    Administrator
    Join Date
    Feb 2010
    Location
    Delhi
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    Default IFRS and India GAAP

    Respected Members, I want the main points and comparative statement for convergence to IFRS from Indian GAAP alongwith the drafts for financial statments as per IFRS. It will be great help to me. Regards. Pradeep Kaushik - Accounts / Audit ..................

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  2. #2
    davidbakner99
    Guest

    Default IFRS and India GAAP

    There are several costing items that has change in the adoption of IFRS, for in GAAP the stock

    differences between Indian GAAP and IFRS


    • Changes in accounting policy
    • Functional and presentation currency
    • Consolidation
    • Consolidation of Special Purpose Entities
    • Business combinations
    • Goodwill
    • Acquired and internally

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