The CA Street
Archive : IFRS

IFRS Convergence : The Taxation Aspect

The finance ministry has suggested restricting IFRS compliance for consolidated accounts of companies, so by doing so IFRS implementation can happen earlier than being envisaged by MCA. Find out more…

Understanding Fair Value Accounting

As per the fair value practices outlined by the IFRS or IndAS, assets and liabilities have to be valued at their current market value or Fair Value. Find out more…..

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