Ind AS or Indian Accounting Standards govern the accounting and recording of financial transactions as well as the presentation of statements such as profit and loss account and balance sheet of a company. Minis...
MCA has notified a phase-wise convergence to IndAS from presently used accounting standards. As per the notification, from 1st April 2015, Ind AS shall be implemented on a voluntary basis and will be mandatory from 1st A...
Ind AS-Introduction Ind AS are the new set of accounting standards, issued by the Ministry of Corporate Affairs (MCA) in consultation with the National Advisory Committee on Accounting Standards (NACAS) on February 16...
