- All Categories
- Income Tax (1634)
- Students (770)
- Service Tax (497)
- Corporate Law (465)
- Audit (399)
- Accounts (341)
- VAT (277)
- GST (145)
- Excise (106)
- Finance (105)
- Banking (46)
- FEMA (40)
- Custom (29)
- Shares & Stock (18)
- IFRS (18)
- Income Tax Software (5)
- Cost Inflation Index (1)
Recent
- Income Tax Notice Received: What Should a Taxpayer Do?
- IN A GOVT OWENED PSU, MAKE PROVISION IN ACCOUNTS FOR ITEM HAVING CONTIGENCY IN NATURE
- GST Notice Received: How Should a Taxpayer Respond?
- CA vs CMA: Which is better?
- Can a Chartered Accountant Sign Estimated Financial Statements?
- Want to assist in Forensic Audit
- Revising 3CA 3CD to 3CB 3CD
- LFAR in Bank Branch Audit - Clause-by-Clause Discussion by CA Vivek Khurana Notes required
- Bank Branch Audit
- Got high refund
- Form 67
- GSTR9
- Partner of CA firm required
- RENEWAL OF REGISTRATION
- financial statements
- income Tax
- ITR Filing
- Property Attachement
- Liability of Independent and Non-executive director
- financial statements
- stock statement procedure for bank od loan
- ITR FILING OF ARMY UNIT
- signing of Project report
- NON CORPORATE BALANCE SHEET FORMAT
- CA FINAL
- Accounting Treatment of Mutual Fund under IndAS
- ITC Availed & Utilized on Supply from Non-Existent Firms
- GST Liability of Award received by a Company
- Reund of TDS Excess Deposited
- Income Tax TDS
- gst
- Reconstitution of partnership firm in case of death of partner and introduction of new partner
- Consolidattion of financial statemement
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- NR GST NUMBER
- Presumptive Income
- tax audit late filing penality provision applicable f.y.23-24
- Interest in outstanding demand
- sale turnover declared as per books or AIS show in itr f.y.23-24
- GST
Q. > Please Help: Accounts
What is the difference between Ind As and Ifrs and what is going to apply in india Ind As or Ifrs.
answered Jan 03, 2012 by Ashish Karundia , New Delhi
Dear Jatin,
Ind AS is the Indian version of IFRS. Further, in India Ind AS will apply.
Hope the above suffice.
answered Feb 21, 2012 by Mrattunjay , New Delhi
IND AS
answered Jul 03, 2012 by Rambabu Senkarasetti , Guntur
Same as above answer.
CA Sansaar

Comments
Sachin
03-Jan-2012 , 03:26:09 pmIFRS(International Financial Reporting Standards) are going to be applicable in India soon..
Jatin Gupta
04-Jan-2012 , 12:17:26 pmThanks Ashish
deepanshu goyal
05-Jan-2012 , 12:15:28 pmIFRS IS APPLICABLE INTERNATIONALLY IFRS WHICH IS ACCEPTED IN INDIA BECOME IND AS IN INDIA THERE IS APPLICABILITY OF IND AS NOT IFRS FOR COMING CA EXAM MAY 2012 IND AS ARE NOT APPLICABLE