IFRS IN INDIA

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The site is a sounding board for discussion on issues relating to IFRS in India and Reporting issues in India.
 
Contributions and discussions are invited.

IFRIC update July 2009

IFRIC Update (news letter) gives conclusions of IFRIC meetings. Conclusions are tentative and may be changed at furture meetings. At 9 July meeting it discussed
  • Debt to equity swap in a restructuring (IAS 32 & 39)
  • Classificaiton of vesting condtions (IFRS 2)
  • Rights issue denominated in foreign currency (IAS 32)
  • Agenda decisions (IFRS 3, IFRS 5, IAS 23)
 
 
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The Institute of Chartered Accountants of India

International Accounting Standards Board

Material departures of Indian AS from Corresponding IFRS

AICPA IFRS Resources

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