Statement of Changes in Equity

August 14, 2015 0

Comparison between Indian GAAP and Ind-AS/ IFRS Under IFRS/ Ind-AS, a statement of changes in equity is presented which includes the following information: total comprehensive […]

Convergence with IFRS

August 8, 2015 1

By Simrat Jeet Singh The Ministry of Corporate Affairs has notified the much awaited Companies Indian Accounting Standards Rules, 2015 on 16th February, 2015. The notification […]

Deferred Tax Expense Calculation

July 28, 2015 2

Comparison between Indian GAAP and Ind-AS/ IFRS Under Indian GAAP, deferred tax expense is an aggregation from separate financial statements of each group entity and […]

Deferment of Revenue Standard – IFRS 15

July 23, 2015 0

The International Accounting Standards Board (IASB) confirmed a one-year deferral of the effective date of the revenue Standard, IFRS 15 ‘Revenue from Contracts with Customers‘, […]

Declaration of Final Dividend

July 20, 2015 0

Comparison between Indian GAAP and Ind-AS/ IFRS As per the requirements of AS 4, dividends in respect of the period covered by the financial statements, […]

Presentation of Extraordinary Items

July 19, 2015 0

Comparison between Indian GAAP and Ind-AS/ IFRS Under Indian GAAP, extraordinary items are disclosed separately in the statement of profit and loss and are included […]

1 2 3
%d bloggers like this: