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Home » IFRS  
IFRS NEWS
• Mid-size cos may delay switching over to IFRS
\n GLARING differences in treating vital parts of companies’ financial statements could delay many mid-size Indian companies from actively switching...
• Accounting Boards Define “Fair Value”
\r\n February 5, 2010 : The Financial Accounting Standards Board and the International Accounting Standards Board tentatively decided to define fair value...
• IFRS, tax code inconsistencies to pre-empt major changes
\r\n February 4, 2010:  The migration of the accounting standards for corporate India to the International Financial Reporting Standards (IFRS) platform...
• Real Estate Companies finding it Difficult to Handle IFRS
\r\n January 25, 2010 : With the ministry of corporate affairs reiterating its commitment to converge Indian accounting norms with the international financial...
• TWO SEPARATE SETS OF ACCOUNTING STANDARDS (AS) FOR CONVERGENCE OF INDIAN AS WITH IFRS
\r\n January 25, 2010 : TWO SEPARATE SETS OF ACCOUNTING STANDARDS (AS) U/S 211(3C) OF COMPANIES ACT AGREED UPON BY CORE GROUP FOR CONVERGENCE OF INDIAN...
• Core panel for two sets of accounting standards
\r\n January 25, 2010 : The core group constituted by the ministry of corporate affairs for convergence of Indian accounting standards with international...
• Company law to be amended in budget session
\r\n January 14, 2010 : The government plans to introduce a bill to amend the Companies Act in the budget session of parliament to enable convergence...
• Sebi may let cos switch to int’l accounting norms
\r\n August 17, 2009 : CAPITAL markets regulator Sebi will soon offer listed companies the option of switching over to the International Financial Reporting...
• Roadmap on switch to IFRS by November
\r\n August 15, 2009 :The Government will chalk out its roadmap on the transition to International Financial Reporting Standards (IFRS) system of accounting...
• Japan allows voluntary application of IFRS - Phases out US GAAP
\r\n December 16, 2009: The changes establish operational framework for the voluntary application of IFRS in Japan, starting from the fiscal year ending...
 
 

 
 
 
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