Handbook on IFRS & IndAS
Rajkumar Adukia
Greetings!
The system of accounting, world over is now taking a new look with the adoption of International Financial Reporting Standards (IFRS). More and more countries are in the process of adopting one globalized method of accounting, ‘IFRS’.
Thanks to the steady course of developments in the system of accounting world wide, various factors namely industry, business, geography, tradition have contributed to different styles of accounting, making it convenient and complex at the same time.
Slowly the borders have begun to vanish with the growing globalized business environment. Transacting business deals, procuring capital have found newer sources and wider prospects. Accounting has reached newer heights of complexities in capturing the essence of business deals.
What if the whole world of business accounting has one language which is universally followed? IFRS offers an accounting language which has one universal application. The major advantage of adopting IFRS across the globe is that financial statements from every nook and corner of the world are comparable without any further alteration.
A special effort has been made to compile a handbook on ‘IFRS’ and its Indian version ‘IND AS’ to enable readers understand the subject with ease and simplicity.
Happy Reading!
Regards
CA Rajkumar S. Adukia
Mob: 09820061049/09323061049