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International financial reporting standards (IFRS) and Indian accounting practices / Dr. Jagadish R. Raihani and Dr. Gaurav Lodha.

By: Contributor(s): Material type: TextTextPublication details: New Delhi, India : New Century Publications, 2012.Description: xiv, 169 pages ; 23 cmISBN:
  • 9788177083064
Subject(s): DDC classification:
  • 657.021854 23 R161
Summary: Economic reforms initiated in India since early 1990s have led to increasing attention being devoted to accounting standards as a means towards ensuring potent and transparent financial reporting by corporations. International Financial Reporting Standards (IFRSs) - issued by the International Accounting Standards Board (IASB) as the uniform language of business to protect the interests of international investors - have brought into focus the need for reforms in accounting procedures in different countries. IFRSs have been made applicable in India for specified business entities. The new accounting norms have posed challenges for business enterprises in terms of presentation of accounts, and accounting policies and procedures. This book explains the requirements of IFRSs and the attending implementation hurdles in India.
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Holdings
Item type Current library Call number Status Date due Barcode Item holds
Books ISI Library, Kolkata 657.021854 R161 (Browse shelf(Opens below)) Checked out 08/11/2019 C26625
Total holds: 0

Includes bibliographical references and index.

Economic reforms initiated in India since early 1990s have led to increasing attention being devoted to accounting standards as a means towards ensuring potent and transparent financial reporting by corporations. International Financial Reporting Standards (IFRSs) - issued by the International Accounting Standards Board (IASB) as the uniform language of business to protect the interests of international investors - have brought into focus the need for reforms in accounting procedures in different countries. IFRSs have been made applicable in India for specified business entities. The new accounting norms have posed challenges for business enterprises in terms of presentation of accounts, and accounting policies and procedures. This book explains the requirements of IFRSs and the attending implementation hurdles in India.

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