Indian Accounting Standards (Ind AS) & IND AS applicability
ENACTMENT OF IND AS IN INDIArnIndian accounting goes global in phases, with application of Ind AS (IFR)In our previous article we briefed you about Indian Accounting Standard â IND AS which is based on IFR, which is in great demand globally as International Accounting Standards Board (IASB) is committed to globalize the accounting standards internationally so that companies can produce a set of financial statements which are universal. The dream of one common accounting lan