Ifrs News

Companies

Jet Airways to announce Q1 results in September

Jet Airways has announced that its financial results for the first quarter will be delayed since it is adopting new accounting standards from this fiscal

1 min read2 Aug 2017
Industry

IRDA defers Ind-AS implementation in insurance sector to April 2020

Implementation of Ind AS in the present form will lead to mismatch in the asset and liability valuation and would cause volatility in companies' financial statements, says IRDA

2 min read29 Jun 2017
Opinion

Technology opportunities in IFRS self-regulation

The move to IFRS accounting standards will entail a great deal of technology spending, thereby sparking a mini Y2K-like situationan opportunity for IT firms

4 min read24 Jan 2017
Companies

Suzlon June quarter loss at Rs260 crore

Suzlon said in a stock exchange filing that income from operations declined 37% to Rs1,655 crore during the quarter under review from a year ago

1 min read14 Sep 2016
Politics

Government notifies rules for new accounting standards

Ind AS norms, which are converged with global standards IFRS, can be followed by corporates on a voluntary basis from 1 April 2015

2 min read20 Feb 2015
Industry

Adopting Ind-AS norms might lead to more foreign investment

India's new accounting standards are very similar to IFRS, say IASB chairman Hans Hoogervorst and KPMG India's Sai Venkateshwaran

5 min read9 Feb 2015
Politics

Government unveils road map for new accounting standards

Firms with a net worth of Rs500 cr or more will have to follow the new accounting norms from 1 April 2016

2 min read3 Jan 2015
Politics

Budget 2014: Indian Accounting Standards now must for firms

Finance minister Arun Jaitley says there is an urgent need to converge current Ind AS with the IFRS

1 min read10 Jul 2014
Companies

ICAI suggests revised IFRS roadmap, to start from April 2016

Accounting watchdog says revised schedule will provide firms 'ample time' to comply with standards that converge with IFRS norms

1 min read24 Mar 2014
Companies

Accounting norms | Firms may have to elaborate on goodwill impairment

Accounting norms | Firms may have to elaborate on goodwill impairment

3 min read30 Aug 2012
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles