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 2017Implementation 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 2017The 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 2017Suzlon 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 2016Ind 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 2015India's new accounting standards are very similar to IFRS, say IASB chairman Hans Hoogervorst and KPMG India's Sai Venkateshwaran
5 min read9 Feb 2015Firms 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 2015Finance minister Arun Jaitley says there is an urgent need to converge current Ind AS with the IFRS
1 min read10 Jul 2014Accounting watchdog says revised schedule will provide firms 'ample time' to comply with standards that converge with IFRS norms
1 min read24 Mar 2014Accounting norms | Firms may have to elaborate on goodwill impairment
3 min read30 Aug 2012The 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