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Ind As - MCA notifies Ind As

posted 22 Mar 2011, 18:26 by CA Naresh Shah

MCA Notified Ind-AS

The Ministry of Corporate Affair (MCA) has notified 35 Indian IFRS standards (known as “Ind-AS’), without announcing the applicability date that will be applied in a phased manner. These are in convergence with IAS / IFRS.

Note - These are not applicable yet. Please click here to view list of applicable accounting standards for Financial year 2010-2011.

Click below attachment for difference between Ind-AS and IFRS.

| Attachments: ind-AS-IFRS-india-difference.docx

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