IFRS and its applicability in India
- 2 Answers
- 8795 Views
- CA, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rajendran
As per press release of Mini.of corporate affairs
the foll companies need to follow IFRS from
01.04.2011,01.04.2013 and 01.04.2014
Phase I - Networth of morethan 1000 crores & listed cos
Phase II - Networth between 500 and 1000 crores
Phase III - networth less than 500 crores
| Is This Answer Correct ? | 29 Yes | 8 No |
Answer / satyawan
As per the press release of 20th January 2010 MCA has
deferred the applicability by one year.
| Is This Answer Correct ? | 2 Yes | 2 No |
examole of cash to cash contra entry
Why Company maintain's books of account?
What is purchase returns accounting
what are profitability ratios?
4 Answers BA Continnum Solutions, FirstSource,
How to maintain the reserve a/c inspite of the withdrawls in a propreitorship and ways to reduce the gap of excess current assets to the less current liabilities.
Is Profession Tax return or not ?
Accounting for vc money in financials
Please tell me entry for following bill. Goods 500 Disc- 10% 50 ---------------- Bill Amt 450
Any body would tell me how to takeover withholding tax at the time of go live in sap fico
In accounting, vat abbreviates what?
what is bank reconciliation?what is reconciliation of account and what type of accounts maintain in colleges?
Who owns the general ledger?
Audit 
