Chartered accountants could become brand ambassadors of ‘Brand India’

Chartered accountants could become brand ambassadors of ‘Brand India’ Union Minister for Commerce and Industry Piyush Goyal has urged Indian chartered accountant professionals to become ambassadors of ‘Brand India’ and help attract investments from all over the world. The minister was addressing a gathering in San Francisco after launching the Institute of Chartered Accountants of […]

Difference between IFRS and Ind AS

Difference between IFRS and Ind AS India has chosen a path of International Financial Reporting Standards (IFRS) convergence rather than adoption. Hence, Ind AS is primarily based on the IFRS issued by the International Accounting Standards Board (IASB). However, there are certain carve-outs from the IFRS. There are also certain general differences between Ind AS […]