IFRS India version Ind AS is a big switch for trade: KPMG

India’s commitment to converge International Financial Reporting Standards (IFRS) brought in the Ind AS standards. However, many requirements of Ind AS are different from policies and practices currently followed by Indian companies, and hence, will see a vast impact, a recent KPMG report observes.

June 08, 2011 / 15:09 IST

India

first published: Jun 7, 2011 03:58 pm

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