
Mazars & PHDCCI IND AS Survey
A new generation of accounting principles was needed to harmonise the accounting practices with those practiced globally. India made a commitment towards the convergence of Accounting Standards (AS) with International Financial Reporting Standards (IFRS) at the G20 Summit in 2009. As on date,the Ministry of Corporate Affairs has notified 40 Ind AS-converged IFRS and laid down an Ind AS...